Westbrook CLO to redeem $162.66 million notes from seven series

By Tali Rackner

Norfolk, Va., Sept. 6 – Westbrook CLO Ltd./Westbrook CLO Corp. plan to redeem $162.66 million of notes from seven series, according to a press release.

The following will be redeemed in full at par plus accrued interest on Sept. 20:

• $17,462,908.90 of class A-1 notes, for a total redemption price of $17,502,475.58;

• $30 million of class A-2 notes, for a total redemption price of $30,076,406;

• $21.2 million of class B notes, for a total redemption price of $21,259,411.35;

• $24 million of class C notes, for a total redemption price of $24,082,591.47

• $26 million of class D notes, for a total redemption price of $26,155,918.53;

• $14 million of class E notes, for a total redemption price of $14,155,511.69; and

• $30 million of subordinated notes, for a total redemption price that is yet to be determined.

U.S. Bank NA is the trustee.

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