Cathedral Lake II set to redeem series A, series B debt on July 17

By Sarah Lizee

Olympia, Wash., June 25 – Cathedral Lake II/III Risk Retention, LLC plans to redeem six classes of series A debt and eight classes of series B debt, according to two separate notices.

Each class of notes will be redeemed on July 17.

The following classes of series A notes will be redeemed:

• $12.85 million of class A notes for a redemption price of $12,977,223.66;

• $2.3 million of class B notes for a redemption price of $2,326,143.60;

• $1.2 million of class C notes for a redemption price of $1,216,218.48;

• $12.85 million of class X-A notes for a redemption price of $12,992.78;

• $2.3 million of class X-B notes for a redemption price of $4,360.42; and

• $1.2 million of class X-C notes for a redemption price of $2,275.

The following classes of series B notes will be redeemed:

• $12.85 million of class A-1 notes for a redemption price of $12,976,898.84;

• $15,625 of class A-X notes for a redemption price of $15,776.93;

• $2,338,000 of class B notes for a redemption price of $2,364,451.69;

• $1,313,000 of class C notes for a redemption price of $1,330,573.07;

• $12.85 million of class X-A-1 notes for a redemption price of $12,992.78;

• $15,625 of class X-A-X notes for a redemption price of $15.80;

• $2,338,000 of class X-B notes for a redemption price of $4,432.46; and

• $1,313,000 of class X-C notes for a redemption price of $2,489.23.

U.S. Bank NA is the trustee.

Carlson CLO Advisers, LLC is the collateral manager.

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