CVC Cordatus Loan Fund VI holders mull redemption of notes due 2030

By Sarah Lizee

Olympia, Wash., Aug. 21 – CVC Cordatus Loan Fund VI DAC said that some of its subordinated noteholders are considering a potential redemption of some or all classes of its rated notes due 2030.

The notes would be redeemed using refinancing proceeds, according to a notice.

Holders of the following were notified:

• €206 million of class A-1 senior secured floating-rate notes due 2030;

• €30 million of class A-2 senior secured fixed-rate notes due 2030;

• €46 million of class B-1 senior secured floating-rate notes due 2030;

• €10 million of class B-2 senior secured fixed-rate notes due 2030;

• €24 million of class C senior secured deferrable floating-rate notes due 2030; and

• €20.8 million of class D senior secured deferrable floating-rate notes due 2030.

BNY Mellon Corporate Trustee Services Ltd. is the trustee.

CVC Credit Partners Group Ltd. 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.