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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.
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