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Prospect News home > News index > List of issuers V > Headlines for Venture XV CLO, Ltd. > News item
Published on 9/26/2016 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Venture XV CLO to fully redeem secured notes Oct. 17 via refinancing

By Tali Rackner

Norfolk, Va., Sept. 26 – Venture XV CLO, Ltd./Venture XV CLO, LLC said holders of a majority of their subordinated notes elected an optional redemption for all six classes of their secured notes.

The issuers will redeem their class A, class B-1, class B-2, class C, class D and class E on Oct. 17 using the proceeds of a refinancing, according to a press release.

The subordinated notes will not be redeemed.

Citibank, NA is the trustee and paying agent.


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