Ukraine Auto Loan calls three asset-backed floater series due 2018

By Susanna Moon

Chicago, Sept. 8 - Ukraine Auto Loan Finance No. 1 plc notified noteholders that it will redeem three series of asset-backed floating-rate notes due November 2018.

Covered by the redemptions are the $85.8 million class A floaters, $18.7 million class B floaters and $5.5 million class C floaters.

The company will redeem all of the notes at par plus accrued interest to the redemption date of Sept. 22.

The London-based issuer was established to acquire the assets consisting of loans originated by the originator and financed by the issue of the notes.

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