Hildene CLO III manager, holders explore optional redemption of notes

By Sarah Lizee

Olympia, Wash., June 5 – Hildene CLO III Ltd./Hildene CLO III LLC said its collateral manager and holders of its subordinated notes are currently exploring a potential optional redemption of notes in whole by way of liquidation of assets, according to a notice.

Holders of the class A-R, B-R, C-R, D-R, E and F notes, as well as the subordinated notes, were notified.

Deutsche Bank Trust Co. Americas is the trustee.

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