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Prospect News home > News index > List of issuers G > Headlines for GT Loan Financing I, Ltd./GT Loan Financing I, LLC > News item |
GT Loan Financing I directed to redeem three note classes on July 30
By Sarah Lizee
Olympia, Wash., July 17 – GT Loan Financing I, Ltd./GT Loan Financing I, LLC received direction from a majority of its subordinated noteholders to redeem all classes of secured notes from refinancing proceeds, according to a notice.
The notes will be redeemed on July 30 at par plus accrued interest for the following redemption prices:
• $12,177,647.01 for the class A notes;
• $24,249,265.99 for the class B notes; and
• $11,155,955.24 for the class C notes.
The subordinated notes will not be redeemed on the redemption date.
Bank of New York Mellon Trust Co., NA is the trustee.
New York-based GoldenTree Asset Management LP is the portfolio manager.
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