Wellfleet CLO 2015-1 directed to redeem class A-1, E-R notes Oct. 22

By Sarah Lizee

Olympia, Wash., Oct. 4 – Wellfleet CLO 2015-1, Ltd./Wellfleet CLO 2015-1, LLC received direction from holders of a majority of its subordinated notes to redeem two classes of notes in whole from refinancing proceeds, according to a notice.

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

• $217,244,152.08 for the class A-1 notes; and

• $16,085,065.94 for the class E-R notes.

U.S. Bank, NA is the trustee.

Wellfleet Credit Partners, LLC is the collateral manager.

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