MidOcean Credit CLO VI directed to redeem all secured note classes

By Sarah Lizee

Olympia, Wash., May 16 – MidOcean Credit CLO VI/MidOcean Credit CLO VI LLC received direction from holders of a majority of its income notes to redeem all classes of its secured notes in whole from refinancing proceeds, according to a notice.

The notes will be redeemed on May 29 at par plus accrued interest for the following redemption prices:

• $243,037,544.75 for the class A notes;

• $58,287,414.97 for the class B notes;

• $26,153,425.64 for the class C notes;

• $22,156,955.03 for the class D notes; and

• $20,204,147.50 for the class E notes.

Wells Fargo Bank, NA is the trustee.

New York-based MidOcean Credit Fund Management LP is the portfolio manager.

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