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Sound Point CLO XV manager, holders discuss potential refinancing
By Sarah Lizee
Olympia, Wash., Aug. 22 – Sound Point CLO XV, Ltd./Sound Point CLO XV, LLC said its collateral manager and some holders or beneficial owners of its subordinated notes have entered into discussions relating to a potential redemption of one or more classes of secured notes from refinancing proceeds.
The notes may be redeemed on or after Sept. 16.
Holders of the class A, B, C, D and E notes and the subordinated notes were notified.
U.S. Bank NA is the trustee.
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