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Published on 6/7/2018 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Dorchester Park CLO postpones redemption date for six note classes

By Sarah Lizee

Olympia, Wash., June 7 – Dorchester Park CLO DAC/Dorchester Park CLO, LLC said the redemption date for its six classes of notes was changed to June 20 from June 13, according to a notice.

As before, the following will be redeemed at par plus accrued interest to the redemption date:

• $312.5 million of class A notes;

• $62.75 million of class B notes;

• $27.25 million of class C notes;

• $19 million of class D notes;

• $25 million of class E notes; and

• $17 million of class F notes.

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

Citibank, NA is the trustee.

New York-based GSO/Blackstone Debt Funds Management LLC is the collateral manager.


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