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Published on 7/26/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Doral CLO III plans redemption of four classes of notes for Aug. 7

By Tali Rackner

Minneapolis, July 26 – Doral CLO III Ltd./Doral CLO III Inc. plans to redeem four classes of secured notes, according to a filing with the London Stock Exchange.

The notes will be redeemed in full at par plus accrued interest on Aug. 7 for the following total redemption prices:

• $13,507,648.02 for the class A-2 notes;

• $21,632,197.86 for the class B notes;

• $13,102,051.65 for the class C notes; and

• $14,633,562.95 for the class D notes.

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

U.S. Bank NA is the trustee.

Dallas-based Triumph Capital Advisors, LLC is the collateral manager.


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