Carlyle Global Market Strategies Euro 2014-2 holders mull redemption

By Wendy Van Sickle

Columbus, Ohio, July 26 – Carlyle Global Market Strategies Euro 2014-2, Ltd./Carlyle Global Market Strategies Euro 2014-2, LLC has been informed by its collateral manager that some holders of its subordinated notes are currently exploring options that could lead to a potential optional redemption of its rated notes in whole, according to a notice.

The rated notes, due 2027, include

• €234.6 million class A-1 senior secured floating rate notes in the form of CM removal and replacement voting notes;

• €234.6 million class A-1 senior secured floating rate notes in the form of CM removal and replacement non-voting notes;

• €234.6 million class A-1 senior secured floating rate notes in the form of CM removal and replacement exchangeable non-voting notes;

• €31.4.million class A-2A senior secured floating rate notes in the form of CM removal and replacement voting notes;

• €31.4 million class A-2A senior secured floating rate notes in the form of CM removal and replacement non-voting notes ;

• €31.4 million class A-2A senior secured floating rate notes in the form of CM removal and replacement exchangeable non-voting notes;

• €11.6.million class A-2B senior secured floating rate notes in the form of CM removal and replacement voting notes;

• €11.6 million class A-2B senior secured floating rate notes in the form of CM removal and replacement non-voting notes;

• €11.6 million class A-2B senior secured floating rate notes in the form of CM removal and replacement exchangeable non-voting notes;

• €26 million class B senior secured deferrable floating rate notes in the form of CM removal and replacement voting notes;

• €26 million class B senior secured deferrable floating rate notes in the form of CM removal and replacement non-voting notes;

• €26 million class B senior secured deferrable floating rate notes in the form of CM removal and replacement exchangeable non-voting notes;

• €21 million class C senior secured deferrable floating rate notes in the form of CM removal and replacement voting notes;

• €21 million class C senior secured deferrable floating rate notes in the form of CM removal and replacement non-voting notes;

• €21 million class C senior secured deferrable floating rate notes in the form of CM removal and replacement exchangeable non-voting notes;

• €27.3 million class D senior secured deferrable floating rate notes; and

• €11 million class E senior secured deferrable floating rate notes.

State Street Bank and Trust Co. is the trustee.

CELF Advisors LLP is the collateral manager.

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