Source - RNS
RNS Number : 5320T
NXT Capital CLO 2013-1 LLC
13 October 2017
 

Corporate Trust Services

9062 Old Annapolis Road

Columbia, MD 21045-1951

MAC: R1204-010


 

NOTICE OF OPTIONAL REDEMPTION

 

NXT CAPITAL CLO 2013-1, LLC

 

October 12, 2017

To:       The Parties Listed on Schedule I hereto.

Ladies and Gentlemen:

 

Reference is made to that certain Indenture dated as of May 22, 2013 (as amended, modified or supplemented, the "Indenture") between NXT CAPITAL CLO 2013-1, LLC, as Issuer (the "Issuer") and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee (the "Trustee").  Capitalized terms used herein without definition shall have the meanings given to such terms in the Indenture.

 

            I.          Notice to Nominees and Custodians.

 

If you act as or hold Notes as a nominee or custodian for or on behalf of other persons, please transmit this notice immediately to the beneficial owner of such Notes or such other representative who is authorized to take actions.  Your failure to act promptly in compliance with this paragraph may impair the chance of the beneficial owners on whose behalf you act to take any appropriate actions concerning the matters described in this notice.

 

            II.        Notice of Optional Redemption.

 

            Pursuant to Section 9.2 of the Indenture, a Majority of the Interests directed the Issuer to redeem the Notes, in whole and not in part, from Sale Proceeds.  In accordance with Section 9.4 of the Indenture and at the direction of the Issuer, the Trustee hereby provides notice of the following information relating to the Optional Redemption:

 

            All of the Notes will be redeemed in full, and interest on the Notes shall cease to accrue on the Redemption Date.

            The Redemption Date will be October 25, 2017.

            The Redemption Price of the Notes shall be:

            for the Class A Notes - U.S. $94,452,976.41 (which is an amount equal to 100% of the Aggregate Outstanding Amount of Class A Notes plus accrued and unpaid interest thereon to the Redemption Date);

            for the Class B Notes - U.S. $29,271,575.72 (which is an amount equal to 100% of the Aggregate Outstanding Amount of Class B Notes plus accrued and unpaid interest thereon to the Redemption Date);

            for the Class C Notes - U.S. $31,132,263.91 (which is an amount equal to 100% of the Aggregate Outstanding Amount of Class C Notes plus accrued and unpaid interest thereon (including interest on any accrued and unpaid Deferred Interest) to the Redemption Date);

            for the Class D Notes - U.S. $16,476,926.05 (which is an amount equal to 100% of the Aggregate Outstanding Amount of Class D Notes plus accrued and unpaid interest thereon (including interest on any accrued and unpaid Deferred Interest) to the Redemption Date); and

            for the Class E Notes - U.S. $31,814,174.03 (which is an amount equal to 100% of the Aggregate Outstanding Amount of Class E Notes plus accrued and unpaid interest thereon (including interest on any accrued and unpaid Deferred Interest) to the Redemption Date).

            Payment of the Redemption Price on the Notes to be redeemed will be made only upon presentation and surrender of such Notes at the offices of the Trustee.  To surrender Notes, please present and surrender the Notes to one of the following places by one of the following methods:

 

By Mail or Courier Service:

Wells Fargo Bank, N.A.

Corporate Trust Operations

MAC N9300-070

600 South Fourth Street

Minneapolis, MN 55479

By Registered or Certified Mail:

Wells Fargo Bank, N.A.

Corporate Trust Operations

MAC N9300-070

P.O. Box 1517

Minneapolis, MN 55480-1517

 

 

IMPORTANT INFORMATION REGARDING TAX CERTIFICATION AND POTENTIAL WITHHOLDING:

 

Pursuant to U.S. federal tax laws, you have a duty to provide the applicable type of tax certification form issued by the U.S. Internal Revenue Service ("IRS") to Wells Fargo Bank, N.A. Corporate Trust Services to ensure payments are reported accurately to you and to the IRS.  In order to permit accurate withholding (or to prevent withholding), a complete and valid tax certification form must be received by Wells Fargo Bank, N.A. Corporate Trust Services before payment of the redemption proceeds is made to you. Failure to timely provide a valid tax certification form as required will result in the maximum amount of U.S. withholding tax being deducted from any redemption payment that is made to you.     

 

            All questions should be directed to the attention of Stephanie Smith by telephone at (410) 884-2344, by e-mail at [email protected], by facsimile at (866) 373-0261, or by mail addressed to Wells Fargo Bank, National Association, Collateralized Debt Obligations, Attn.: Stephanie Smith, MAC R1204-010, 9062 Old Annapolis, Columbia, MD 21045-1951.  The Trustee may conclude that a specific response to particular inquiries from individual Holders is not consistent with equal and full dissemination of material information to all Holders.  Holders of Notes should not rely on the Trustee as their sole source of information.  The Trustee does not make recommendations or give investment advice herein or as to the Notes generally. 

                                                                                    WELLS FARGO BANK, NATIONAL

ASSOCIATION, as Trustee

Schedule I

 

Addressees

 

Holders of Notes:* 

 

Class

CUSIP*
(Rule 144A)

CUSIP*
(Reg S)

CUSIP*               (IAI)

ISIN*

(Rule 144A)

ISIN*

(Reg S)

Class A Notes

62951VAA8

U67041AA8

62951VAB6

US62951VAA89

USU67041AA84

Class B Notes

62951VAC4

U67041AB6

62951VAD2

US62951VAC46

USU67041AB67

Class C Notes

62951VAE0

U67041AC4

62951VAF7

US62951VAE02

USU67041AC41

Class D Notes

62951VAG5

U67041AD2

62951VAH3

US62951VAG59

USU67041AD24

Class E Notes

62951VAJ9

N/A

62951VAK6

US62951VAJ98

N/A

 

 

Issuer:

NXT Capital CLO 2013-1, LLC

c/o NXT Capital Holdings, LP

191 N. Wacker Drive, 30th Floor

Chicago, Illinois 60606

Attn: Neil Rudd

 

with copy to:

c/o NXT Capital Holdings, LP

191 N. Wacker Drive, 30th Floor

Chicago, Illinois 60606

Attn: James Anderson

 

Collateral Manager:

NXT Capital Investment Advisers, LLC

c/o NXT Capital Holdings, LP

191 N. Wacker Drive, 30th Floor

Chicago, Illinois 60606

Attn: Neil Rudd

 

with copy to:

c/o NXT Capital Holdings, LP

191 N. Wacker Drive, 30th Floor

Chicago, Illinois 60606

Attn: James Anderson

 

Rating Agencies:

S&P Global Ratings

55 Water Street, 42nd Floor

New York, New York 10041

Attn: Structured Credit - CDO Surveillance

E-mail: [email protected]

 

Moody's Investors Service, Inc.

7 World Trade Center

250 Greenwich Street

New York, New York 10007

Attn: CBO/CLO Monitoring

Email: [email protected]

 

Collateral Administrator/Information Agent:

Wells Fargo Bank, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

 

Irish Paying Agent:

Walkers Listing & Support Services Limited

The Anchorage

17-19 Sir John Rogerson's Quay

Dublin 2, Ireland

 

Irish Stock Exchange:

28 Anglesea Street

Dublin 2, Ireland

 

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 

 



*  The Trustee shall not be responsible for the use of the CUSIP, CINS, ISIN or Common Code numbers selected, nor is any representation made as to their correctness indicated in the notice or as printed on any Note. The numbers are included solely for the convenience of the Holders. 


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