MP CLO III to redeem seven classes of secured notes via refinancing

By Sarah Lizee

Olympia, Wash., Oct. 10 – MP CLO III, Ltd./MP CLO III, LLC (formerly ACAS CLO 2013-1, Ltd./ACAS CLO 2013-1, LLC) has been instructed by holders of a majority of its subordinated notes to redeem seven classes of secured notes by a refinancing, according to a notice.

The following notes will be redeemed on Oct. 20 at par plus accrued interest to the redemption date:

• $145,204,854.20 of class A notes, for a total redemption price of $146,127,705.59;

• $33 million of class B-1 notes, for a total redemption price of $33,270,451.94;

• $20 million of class B-2 notes, for a total redemption price of $20,168,000;

• $27 million of class C notes, for a total redemption price of $27,279,928.86;

• $22 million of class D notes, for a total redemption price of $22,275,879.07;

• $18.5 million class E notes, for a total redemption price of $18,793,450.33; and

• $11 million of class F notes, for a total redemption price of $11,208,217.31.

Deutsche Bank Trust Co. America is the trustee.

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