Voya CLO 2015-1 to refinance $566 million secured notes on Dec. 21

By Angela McDaniels

Tacoma, Wash., Dec. 11 – Voya CLO 2015-1, Ltd. and Voya CLO 2015-1, LLC will redeem their secured notes due 2027 on Dec. 21 using refinancing proceeds, according to a notice from trustee State Street Bank and Trust Co.

The redemption is being made at the direction of holders of a majority of the subordinated notes.

The issuers will redeem their $390 million class A-1 floating-rate notes, $68.5 million class A-2 floating-rate notes, $27 million class B deferrable floating-rate notes, $37.25 million class C deferrable floating-rate notes, $29.5 million class D deferrable floating-rate notes and $13.75 million class E deferrable floating-rate notes.

In each case, the redemption price will be equal to the outstanding amount. The amount of accrued interest due on the notes is zero.

Voya Alternative Asset Management LLC is the investment manager. It is part of New York-based Voya Investment Management LLC.

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