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Prospect News home > News index > List of issuers S > Headlines for Sound Point CLO XV, LLC > News item
Published on 9/4/2019 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Sound Point CLO XV directed to redeem $416 million class A notes

By Sarah Lizee

Olympia, Wash., Sept. 4 – Sound Point CLO XV, Ltd./Sound Point CLO XV, LLC received direction from its collateral manager to redeem its $416 million of class A secured notes from refinancing proceeds.

The notes will be redeemed on Sept. 17 for a total redemption price of $418,361,554.35.

The class B, C, D, E and subordinated notes will remain outstanding.

U.S. Bank NA is the trustee.


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