Grosvenor Place CLO 2015-1 (Re-Issue): 01 May 2017
On 30 April 2015 (the Original Issue Date), Grosvenor Place CLO 2015-1 B.V. issued Class A-1A Senior Secured Floating Rate Notes, Class A-1B Senior Secured Fixed Rate Notes, Class A-2A Senior Secured Floating Rate Notes, Class A-2B Senior Secured Fixed Rate Notes, Class B Senior Secured Deferrable Floating Rate Notes, Class C Senior Secured Deferrable Floating Rate Notes, Class D Notes, Class E Notes, Class M Notes and Subordinated Notes.
On or about 28 April 2017 (the Refinancing Date), the Issuer will, subject to certain conditions, refinance the Original Class A-1 Notes, the Original Class A-2 Notes, the Original Class B Notes and the Original Class C Notes.
The assets securing the Refinancing Notes and the assets securing the Original Notes consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by CQS Investment Management Limited.
The Collateral Manager has informed the Issuer and the Placement Agent that it does not intend to retain a risk retention interest contemplated by the U.S. Risk Retention Rules in connection with the transaction described in this prospectus.