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Shackleton 2017-X to redeem class A notes, issue $320 million notes
By Sarah Lizee
Olympia, Wash., Oct. 16 – Shackleton 2017-X CLO, Ltd./Shackleton 2017-X CLO, LLC gave notice of a proposed second supplemental indenture in order to refinance its class A notes and issue new class A-R replacement securities.
No other classes of notes are being refinanced.
Shackleton plans to issue $320 million of the new class A-R secured floating-rate notes.
The refinancing will take place in November.
U.S. Bank NA is the trustee.
New York-based Alcentra NY, LLC is the collateral manager.
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