Magellan Mortgages redeems four series of notes at par at month-end

By Susanna Moon

Chicago, June 29 - Magellan Mortgages No. 6 Ltd. redeemed four series of notes at par plus accrued interest on June 28.

The company redeemed its €2,150,250,000 class A mortgage-backed floating-rate notes due 2062, €1,374,750,000 class B mortgage-backed floating-rate notes due 2062, €114,400,000 class C floating-rate notes due 2062 and €250,000 class D notes due 2062, according to a notice by the Dublin-based company.

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