Voya CLO 2016-2 directed to redeem five classes of notes on Aug. 16

By Rebecca Melvin

New York, Aug. 5 – Voya CLO 2016-2, Ltd./Voya CLO 2016-2, LLC received direction from a majority of its subordinated noteholders to redeem five classes of notes due 2028 using refinancing proceeds, according to a notice.

The following will be redeemed on Aug. 16 at par plus accrued interest:

• $259 million of class A-1-R floating-rate notes for a redemption price of $259,774,050.28;

• $45.9 million of class A-2-R floating-rate notes for a redemption price of $46,057,169.25;

• $25.6 million of class B -R deferrable floating-rate notes for a redemption price of $25,703,587.56;

• $21.2 million of class C-R deferrable floating-rate notes for a redemption price of $21,308,043.44; and

• $16.4 million of class D-R deferrable floating-rate notes for a redemption price of $16,518,020.78.

The subordinated notes will not be redeemed on the redemption date.

U.S. Bank NA is the trustee.

New York-based Voya Alternative Asset Management LLC is the investment manager.

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