Dryden XXVII Euro CLO 2013 redeems seven classes of secured notes

By Tali Rackner

Norfolk, Va., Dec. 13 – Dryden XXVII Euro CLO 2013 BV redeemed seven classes of its secured notes due 2025 on Dec. 9, according to a notice.

The following were redeemed at par plus accrued interest to the redemption date:

• €115 million of class A-1A senior secured fixed-rate notes;

• €167.5 million of class A-1B senior secured floating-rate notes;

• €15,667,000 of class B-1A senior secured fixed-rate notes;

• €36 million of class B-1B senior secured floating-rate notes;

• €19,333,000 of class C-1A mezzanine secured deferrable fixed-rate notes;

• €10,667,000 of class C-1B mezzanine secured deferrable floating-rate notes; and

• €21,667,000 of class D mezzanine secured deferrable floating-rate notes.

Deutsche Trustee Co. Ltd. is the trustee. Deutsche Bank AG, London Branch is the collateral administrator, paying agent, custodian and calculation agent.

PGIM Ltd., formerly Pramerica Investment Management Ltd. is the collateral manager.

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