Trinitas CLO I directed by holders to redeem senior notes on March 23

By Sarah Lizee

Olympia, Wash., Feb. 24 – Trinitas CLO I, Ltd./Trinitas CLO I LLC received direction from holders of the required amount of its subordinated notes to redeem all of its senior notes on March 23, according to a notice.

The notes will be redeemed at par plus accrued interest for the following redemption prices:

• $50,252,862.93 for the $49,980,849.10 of class A-1R notes (Cusips: 89640PAH6, G9060LAH7);

• $2,184,085.12 for the $2,173,080.40 of class A-2R notes (Cusips: 89640PAJ2, G9060LAJ3);

• $51,833,784.38 for the $51.5 million of class B-1R notes (Cusips: 89640PAK9, G9060LAK0);

• $10,064,812.50 for the $10 million of B-2R notes (Cusips: 89640PAL7, G9060LAL8);

• $22,936,123.44 for the $22.75 million of class C-R notes (Cusips: 89640PAM5, G9060LAM6);

• $18,942,356.77 for the $18.75 million of class D notes (Cusips: 89640PAF0, G9060LAF1); and

• $16,452,007.81 for the $16.25 million of class D notes (Cusips: 89640QAA9, G90603AA2).

For the $35.75 million of subordinated notes (Cusips: 89640QAB7, G90603AB0), the redemption price will be an amount equal to any remaining principal proceeds payable on such subordinated note under the priority of proceeds on the redemption date.

U.S. Bank NA are the trustee.

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