Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2011 > News item |
Centurion CDO VI calls 12 series of securities for Nov. 7 redemption
By Angela McDaniels
Tacoma, Wash., Oct. 24 - Centurion CDO VI Ltd. and co-issuer Centurion CDO VI Corp. will redeem 12 series of their securities on Nov. 7, according to a filing with the London Stock Exchange.
The securities to be redeemed and their redemption prices are as follows:
• Class A notes at par plus accrued interest;
• Class B-1 notes at par plus the applicable redemption premium and accrued interest;
• Class B-2 notes at par plus accrued interest;
• Class C notes at par plus accrued interest;
• Class D-1 notes at par plus the applicable redemption premium and accrued interest;
• Class D-2 notes at par plus the applicable redemption premium and accrued interest;
• Class D-3 notes at par plus accrued interest;
• Class E notes at par plus the applicable redemption premium and accrued interest;
• Class G blended securities. The redemption price will be an amount equal to the portion of the class E note redemption price allocable to the class G blended securities on the basis of the amount of the class E note component plus the amount distributable on the redemption date with respect to the preference shares component;
• Class H blended securities. The redemption price will be an amount equal to the portion of the class B-1 note redemption price allocable to the class H blended securities on the basis of the amount of the class B-1 note component plus the amount distributable on the redemption date with respect to the preference shares component;
• Class J blended securities. The redemption price will be an amount equal to the portion of the class C note redemption price and the class D-3 note redemption price allocable to the class J blended securities on the basis of the amount of the class C note component and the class D-3 note component; and
• Preference shares. The redemption price will be determined in accordance with the terms of the indenture.
The issuers received consent from the holders of a supermajority of the preference shares to redeem the securities in whole on any payment date beginning in November.
Holders with questions can contact Bank of New York Mellon Trust Co., NA's Leticia Licona at 713 483-7070 or at Leticia.licona@bnymellon.com. Bank of New York Mellon is the trustee.
Centurion CDO VI is based in Grand Cayman, Cayman Islands. It is a collateralized loan obligation managed by American Express Asset Management Group Inc.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.