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Published on 2/27/2014 in the Prospect News Liability Management Daily.

First Flexible No. 4 to exercise call on mortgage-backed floaters

By Tali Rackner

Norfolk, Va., Feb. 27 - First Flexible No. 4 plc expects to exercise its call option on all of its mortgage-backed floating-rate notes due 2036, according to a filing with the London Stock Exchange.

The company plans to issue a notice to noteholders with information about the call and when it would take place.


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