Globaldrive calls A, B, C and D asset-backed fixed-rate notes in full

By Ashley Montgomery

Kansas City, Kan., July 20 - Globaldrive Auto Receivables 2008-B BV will redeem four series of its asset-backed fixed-rate notes due 2016, according to a news release.

Affected are €627.9 million of class A notes, €31.4 million of class B notes, €13.8 million of class C notes and €29,439,232.71 of class D notes.

The notes will be redeemed on Aug. 20 at par plus accrued interest up to the redemption date.

Deutsche Bank, AG, London branch is the paying agent.

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