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AMMC CLO 19 will refinance class A, B and C notes on Oct. 15
Chicago, Oct. 7 – AMMC CLO 19, Ltd./AMMC CLO 19, Corp. will refinance three series of notes on Oct. 15, according to a notice.
The CLO will redeem $288 million principal amount of class A notes, $52,875,000 of class B notes and $30,375,000 of class C Notes.
The redemption prices will be par plus accrued interest to the redemption date.
The class D, class E and subordinated notes will remain outstanding.
Initially, the class D notes were part of the contemplated refinancing announced on Sept. 9.
Citibank, NA is the trustee.
Cincinnati-based American Money Management Corp. is the collateral manager.
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