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Venture XXIV CLO mulls refinancing of secured debt via new issue
By Susanna Moon
Chicago, Dec. 12 – Venture XXIV CLO Ltd. as issuer and Venture XXIV CLO LLC as co-issuer may refinance or redeem their secured debt at the direction of their subordinated noteholders.
The notes would be refinanced using proceeds of replacement notes or loans, according to a notice to holders of numerous classes of series A, B, C, D, E and subordinated notes.
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