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CIFC Funding 2012-II to redeem subordinated notes on July 23
By Marisa Wong
Morgantown, W.Va., July 16 – CIFC Funding 2012-II, Ltd. and CIFC Funding 2012-II, LLC will redeem their subordinated notes in whole on July 23, according to a notice.
Holders of a majority of the subordinated notes approved the redemption, and the collateral manager delivered a redemption direction to the trustee.
The record date will be July 22.
U.S. Bank NA is the trustee.
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