E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/7/2018 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

THL Credit Wind River 2015-1 plans to redeem rated notes on Nov. 21

By Sarah Lizee

Olympia, Wash., Nov. 7 – THL Credit Wind River 2015-1 CLO Ltd./THL Credit Wind River 2015-1 CLO LLC said it will redeem all classes of its rated notes from refinancing proceeds on Nov. 21.

The issuer received direction from a majority of holders of its subordinated notes to redeem the rated notes, according to a notice.

The following will be redeemed at par plus accrued interest:

• $384 million of class A-R notes for a redemption price of $385,126,080;

• $72 million of class B-R notes for a redemption price of $72,238,140;

• $37 million of class C notes for a redemption price of $37,173,252.50;

• $29.25 million of class D notes for a redemption price of 29,413,775.63;

• $20 million of class E-1 notes for a redemption price of $20,133,650;

• $10 million of class E-2 notes for a redemption price of $10,070,575; and

• $12 million of class F notes for a redemption price of $12,093,190.

Wells Fargo Bank, NA is the trustee.

Chicago-based THL Credit Senior Loan Strategies LLC is the investment 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.