HPS Loan Management 2013-2 directed to redeem rated notes on Oct. 20

By Tali Rackner

Minneapolis, Oct. 2 – HPS Loan Management 2013-2, Ltd./HPS Loan Management 2013-2, LLC, formerly Highbridge Loan Management 2013-2, was directed by a supermajority of its subordinated noteholders to redeem $378.5 million of its rated notes, according to a notice from trustee Bank of New York Mellon Trust Co., NA.

The notes will be redeemed at par plus accrued interest on Oct. 20 for the following total redemption prices:

• $261,731,166.80 for the class A-1 notes;

• $43,352,407.07 for the class A-2 notes;

• $22,747,649.05 for the class B-1 notes;

• $9,637,750 for the class B-2 notes;

• $19,749,512.51 for the class C notes;

• $16,268,105.99 for the class D notes; and

• $8,145,297.44 for the class E notes.

New York City-based HPS Investment Partners CLO (US) LLC is the investment manager.

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