Stewart Park CLO subordinated holders eye redeeming five note classes

By Wendy Van Sickle

Columbus, Ohio, Nov. 9 – Holders of a majority of Stewart Park CLO, Ltd.’s subordinated notes have indicated to the collateral manager that they plan to direct a full redemption of the class A, B, C, D and E notes using refinancing proceeds, according to a notice to noteholders.

Stewart Park CLO, LLC is a co-issuer of the notes, which were issued in 2015.

Wells Fargo Bank, NA is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.