Apidos CLO XVIII directed to redeem all rated notes on Oct. 22

By Sarah Lizee

Olympia, Wash., Oct. 9 – Apidos CLO XVIII/Apidos CLO XVIII LLC received direction from holders of a majority of its subordinated notes to redeem each class of rated notes in whole from sale proceeds, according to a notice.

The notes will be redeemed on Oct. 22 at par plus accrued interest for the following redemption prices:

• $453,742,027.96 for the class A-1-R notes;

• $72,043,843.99 for the class A-1a-R notes;

• $23,193,200 for the class A-2b-R notes;

• $31,651,848.92 for the class B-R notes;

• $43,304,124.89 for the class C-R notes;

• $40,610,230.03 for the class D notes; and

• $8,168,796.10 for the class E notes.

The subordinated notes will not be redeemed.

Bank of New York Mellon Trust Co., NA is the trustee.

New York-based CVC Credit Partners, LLC is the collateral manager.

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