This website is using cookies
This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
x

Harvest CLO XVII (re-financing): 14 November 2019


The assets securing the Offered Notes will primarily consist of a portfolio of Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Unsecured Senior Obligations, Mezzanine Obligations, PIK Securities, Corporate Rescue Loans and High Yield Bonds, and will be managed by Investcorp Credit Management EU Limited.

On 11 May 2017 (the Original Issue Date), Harvest CLO XVII DAC issued Class A Senior Secured Floating Rate Notes due 2030, Class B-1 Senior Secured Floating Rate Notes due 2030, Class B-2 Senior Secured Fixed Rate Notes due 2030, Class C Senior Secured Deferrable Floating Rate Notes due 2030, Class D Senior Secured Deferrable Floating Rate Notes due 2030, Class E Senior Secured Deferrable Floating Rate Notes due 2030, Class F Senior Secured Deferrable Floating Rate Notes due 2030 and Subordinated Notes due 2030.

On or about 11 November 2019 the Issuer will, subject to certain conditions, redeem the Notes in full by issuing Class X Senior Secured Floating Rate Notes due 2032, Class A-R Senior Secured Floating Rate Notes due 2032, Class B-1-R Senior Secured Floating Rate Notes due 2032, Class B-2-R Senior Secured Fixed Rate Notes due 2032, Class C-R Senior Secured Deferrable Floating Rate Notes due 2032, Class D-R Senior Secured Deferrable Floating Rate Notes due 2032, Class E-R Senior Secured Deferrable Floating Rate Notes due 2032 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2032. The Issuer will also issue an additional €3mln Subordinated Notes due 2032.