OCP Euro CLO 2017-1 holders consider refinancing notes due 2030

By Sarah Lizee

Olympia, Wash., Nov. 1 – OCP Euro CLO 2017-1 DAC said its subordinated noteholders are considering a redemption by way of refinancing for some or all classes of its rated notes due 2030, according to a notice.

Holders of the following notes were notified:

• €202.25 million of class A senior secured floating-rate notes;

• €49.75 million of class B senior secured floating-rate notes;

• €21 million of class C senior secured deferrable floating-rate notes;

• €17.5 million of class D senior secured deferrable floating-rate notes;

• €22.75 million of class E senior secured deferrable floating-rate notes;

• €9.25 million of class F senior secured deferrable floating-rate notes; and

• €38.25 million of subordinated notes.

Citibank, NA, London Branch is the trustee.

Onex Credit Partners, LLC, a private equity firm based in Toronto, managed the CLO.

© 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.