Venture XXV directed to redeem class A-1, class A-F notes on Dec. 13

By Sarah Lizee

Olympia, Wash., Dec. 5 – Venture XXV CLO, Ltd./Venture XXV CLO, LLC received direction from holders of its subordinated notes to redeem two classes of its secured notes on Dec. 13, according to a notice.

The $369 million of class A-1 notes will be redeemed at par plus accrued interest for a redemption price of $370,877,406.81, and the class A-F notes will be redeemed at par plus accrued interest for a redemption price of $15,068,458.33.

New York-based MJX Asset Management LLC is the collateral manager.

Bank of New York Mellon Trust Co., NA is the trustee.

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