Sound Point CLO VIII set to redeem six classes of notes on April 15

By Sarah Lizee

Olympia, Wash., March 18 – Sound Point CLO VIII, Ltd./Sound Point CLO VIII, Inc. will redeem six classes of its secured debt on April 15, according to a notice.

The following notes will be redeemed at par plus accrued interest:

• $390 million of class A-R notes for a redemption price of $393,556,127.25;

• $69 million of class B-R notes for a redemption price of $69,730,935.98;

• $33 million of class C-R notes for a redemption price of $33,382,578.08;

• $33 million of class D-R notes for a redemption price of $33,465,078.08;

• $27 million of class E notes for a redemption price of $27,545,893.43; and

• $15.6 million of class F notes for a redemption price of $15,975,855.09.

U.S. Bank NA is the trustee.

New York-based Sound Point Capital Management, LP is the collateral manager.

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