Source - RNS
RNS Number : 8501M
GLG Euro CLO I DAC
18 October 2016
 

COMPANY ANNOUNCEMENT

 

 

For Immediate Release

18 October 2016

 

 

GLG Euro CLO I DAC

(the "Issuer")

 

€181,000,000 Class A-1 Senior Secured Floating Rate Notes due 2028

€5,000,000 Class A-2 Senior Secured Fixed Rate Notes due 2028

€18,100,000 Class B-1 Senior Secured Floating Rate Notes due 2028

€12,000,000 Class B-2 Senior Secured Fixed Rate Notes due 2028

€19,000,000 Class C Deferrable Mezzanine Floating Rate Notes due 2028

€14,800,000 Class D Deferrable Mezzanine Floating Rate Notes due 2028

€19,200,000 Class E Deferrable Junior Floating Rate Notes due 2028

€7,000,000 Class F Deferrable Junior Floating Rate Notes due 2028

€33,100,000 Subordinated Notes due 2028

 

RE: Distribution and Payment Date information

                                                                                         

This notice is in regards to the Payment Date on 17 October 2016.

 

Distribution Summary

 

Current Payment Date:

17 October 2016

Euribor reset date:

13 July 2016

Euribor rate:

0.0000%

Begin accrual date:

15 July 2016

End accrual date:

17 October 2016

Accrual days:

92 Days

 

Note Class

Starting Balance

Ending Balance

Interest Distribution

Class A-1

181,000,000.00

181,000,000.00

638,930.00

Class A-2

5,000,000.00

5,000,000.00

20,300.00

Class B-1

18,100,000.00

18,100,000.00

103,894.00

Class B-2

12,000,000.00

12,000,000.00

76,680.00

Class C

19,000,000.00

19,000,000.00

153,710.00

Class D

14,800,000.00

14,800,000.00

160,432.00

Class E

19,200,000.00

19,200,000.00

275,712.00

Class F

7,000,000.00

7,000,000.00

120,610.00

Subordinated Notes

33,100,000.00

33,100,000.00

1,613,584.86

 

 

 

 

 

Next Interest Rate Determination

 

Next Payment Date:

16 January 2017

Euribor 3-month reset date:

13 October 2016

Euribor 3-month rate:

0.0000%

Begin accrual date:

17 October 2016

End accrual date:

16 January 2016

Accrual days:

89 Days

 

 

 

Enquiries:

 

 

 

Elavon Financial Services DAC

 Bashar Rassam

Phone: +44 207 330 2133

Email:  [email protected]

 

 

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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