A-Best calls €131.06 million of notes from three series for redemption

By Toni Weeks

San Diego, Sept. 28 - Asset-Backed European Securitization Transaction Two Srl (A-Best 2) said it will redeem €131,055,524.5 of notes from three series on Oct. 3, according to a company filing with the London Stock Exchange.

Affected are the following securities:

• €31,055,524.5 of the company's €37.5 million of class B asset-backed floating-rate notes due 2015;

• All €50 million of its class C asset-backed floating-rate notes due 2015; and

• All €50 million of its class M asset-backed fixed-rate variable-return and variable-redemption yield notes due 2015.

A-Best 2 is a special purpose vehicle with its registered office in Conegliano (TV), Italy. A-Best 2's joint lead managers are ABN Amro Bank NV, London Branch, MCC SpA Capitalia Gruppo Bancario and UniCredit Banca Mobiliare SpA.

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