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Prospect News home > News index > List of issuers S > Headlines for Sound Point CLO XV, LLC > News item
Published on 9/16/2019 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Sound Point CLO XV withdraws redemption of class A secured notes

By Wendy Van Sickle

Columbus, Ohio, Sept. 16 – Sound Point CLO XV, Ltd./Sound Point CLO XV, LLC received direction from its collateral manager withdrawing its previously announced planned redemption of its $416 million of class A secured notes from refinancing proceeds.

The issuer announced on Sept. 4 that the notes would be redeemed on Sept. 17 for a total redemption price of $418,361,554.35.

Sound Point Capital Management, LP is the manager.


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