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Madison Park Funding XXII directed to redeem secured notes by January
By Sarah Lizee
Olympia, Wash., Sept. 3 – Madison Park Funding XXII, Ltd./Madison Park Funding XXII, LLC received written direction from holders of the required percentage of its subordinated notes to redeem one or more classes of its secured notes.
The notes would be redeemed from refinancing proceeds on or before Jan. 31, 2020, according to a notice.
Holders of the class A, B, C, D and E notes as well as the subordinated notes were notified.
Wells Fargo Bank, NA is the trustee.
New York-based Credit Suisse Asset Management, LLC is the portfolio manager.
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