Webster Park CLO manager and holders explore redemption of notes

By Sarah Lizee

Olympia, Wash., March 26 – Webster Park CLO, Ltd./Webster Park CLO, LLC said its collateral manager and some holders or beneficial owners of its subordinated notes entered into discussions relating to a potential redemption of all classes of secured notes and the subordinated notes, according to a notice.

Holders of the class A-1, A-2, B-1, B-2, C and D notes and the subordinated notes were notified.

U.S. Bank NA is the trustee.

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