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Published on 4/13/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Holland Park CLO to redeem class A-1, A-2, B, C notes via refinancing

By Wendy Van Sickle

Columbus, Ohio, April 13 – Holland Park CLO DAC said its subordinated noteholders exercised their right to redeem some classes of notes due 2027 via a refinancing, according to a notice.

The following notes will be redeemed in full on May 15 at par plus accrued interest:

• €291,875,000 of class A-1 senior secured floating-rate notes;

• €58.75 million of class A-2 senior secured floating-rate notes;

• €30 million of class B senior secured deferrable floating-rate notes; and

• €23.75 million of class C senior secured deferrable floating-rate notes.

Citibank, NA, London Branch is the trustee.


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