Mountain View CLO IX directed to redeem six classes of notes June 26

By Sarah Lizee

Olympia, Wash., June 13 – Mountain View CLO IX Ltd./Mountain View CLO IX LLC received direction from a majority of its subordinated noteholders to redeem six classes of notes in whole from refinancing proceeds, according to a notice.

The following notes will be redeemed on June 26 at par plus accrued interest:

• $326.4 million of class A-1A notes for a redemption price of $328,851,136.98;

• $30 million of class A-1B notes for a redemption price of $30,189,583.33;

• $60.75 million of class A-2 notes for a redemption price of $61,282,888.86;

• $26.75 million of class B notes for a redemption price of $27,034,765.63;

• $31.9 million of class C notes for a redemption price of $32,277,338; and

• $31 million of class D notes for a redemption price of $31,470,628.21.

Citibank, NA is the trustee.

Park Ridge, N.J.-based Seix Investment Advisors LLC is the collateral manager.

© 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.