ClearBridge EMO insider filing notes Series H redemption, other notes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearBridge Energy Midstream Opportunity Fund (EMO) reported a Section 16 filing reflecting the redemption of its 4.66% Series H Senior Secured Notes at maturity on October 15, 2025, at 100% of aggregate principal plus accrued and unpaid interest. The reporting persons indicated indirect holdings through subsidiaries and updated beneficial ownership positions accordingly.
Context from the filing lists other EMO securities held indirectly, including Series J and Series P Mandatory Redeemable Preferred Stock, as well as Senior Secured Notes: 3.56% Series N with $1,492,293.86 principal and 3.76% Series O with $2,051,904.07 principal.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Corebridge Financial, Inc., AMERICAN GENERAL LIFE INSURANCE CO
Role
Insider | Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | 4.66% Series H Senior Secured Notes due October 15, 2025 | 5,494,298.5 | $5,592,315.68 | $30725.85B |
| holding | Series J Mandatory Redeemable Preferred Stock | -- | -- | -- |
| holding | Series P Mandatory Redeemable Preferred Stock | -- | -- | -- |
| holding | 3.56% Series N Senior Secured Notes due June 11, 2027 | -- | -- | -- |
| holding | 3.76% Series O Senior Secured Notes due June 11, 2030 | -- | -- | -- |
Holdings After Transaction:
4.66% Series H Senior Secured Notes due October 15, 2025 — 0 shares (Indirect, Held through subsidiaries);
Series J Mandatory Redeemable Preferred Stock — 134,286 shares (Indirect, Held through subsidiary);
Series P Mandatory Redeemable Preferred Stock — 160,000 shares (Indirect, Held through subsidiary);
3.56% Series N Senior Secured Notes due June 11, 2027 — 0 shares (Indirect, Held through subsidiary);
3.76% Series O Senior Secured Notes due June 11, 2030 — 0 shares (Indirect, Held through subsidiaries)
Footnotes (1)
- The 4.66% Series H Senior Secured Notes were redeemed by the issuer for full payment at maturity of 100% of the aggregate principal amount outstanding of the securities, plus accrued and unpaid interest through the redemption date. American General Life Insurance Company ("AGLIC"), The United States Life Insurance Company in the City of New York ("USL") and The Variable Annuity Life Insurance Company ("VAL"), each an indirect wholly-owned subsidiary of Corebridge Financial, Inc. ("CRBG"), directly held $727,994.46 principal amount, $549,430.31 principal amount and $2,472,434.13 principal amount of the reported securities, respectively. Corebridge Institutional Investments (U.S.), LLC, an indirect wholly owned subsidiary of CRBG, may have been deemed to have beneficial ownership of $1,744,439.63 principal amount of the reported securities held by a controlled subsidiary of American International Group, Inc. ("AIG") pursuant to an investment management agreement. CRBG disclaims beneficial ownership of the securities held by the controlled subsidiary of AIG, and this report shall not be deemed an admission that CRBG was the beneficial owner of such securities, except to the extent of CRBG's pecuniary interest therein. Directly held by AGLIC. AGLIC and USL directly hold $1,380,371.82 principal amount and $671,532.25 principal amount of the reported securities, respectively.
