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Steele Creek CLO 2015-1 manager, holders talk potential redemption
By Sarah Lizee
Olympia, Wash., Jan. 28 – Steele Creek CLO 2015-1, Ltd./Steele Creek CLO 2015-1, 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.
Holders of the class A-R (Cusips: 85816BCN8/G8461EBG1/85816BCP3), class B-R (Cusips: 85816BCQ1/G8461EBH9/85816BCR9), class C-R (Cusips: 85816BCS7/G8461EBJ5/85816BCT5), class D-R (Cusips: 85816BCU2/G8461EBK2/161823872), class E1-R (Cusips: 85816BCW8/G8461EBL0/85816BCX6), class E2-R (Cusips: 85816BCY4/G8461EBM8/161824313) and class F-R (Cusips: 85816BDA5/G8461EBN6/85816BDB3) notes and the subordinated (Cusip: 85816CAA6/G8462AAA2/120299247) and reinvesting holders notes were notified.
U.S. Bank NA is the trustee.
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