SC Germany Auto to redeem class A and B floaters due 2019 in full

By Tali Rackner

Norfolk, Va., June 6 – SC Germany Auto 2009-1 Ltd. will redeem all of its €945 million class A and €55 million class B floating-rate notes due March 2019, according to a filing with the Irish Stock Exchange.

The notes will be redeemed June 11.

The redemption follows the June 5 signing of an omnibus termination and repurchase agreement by all parties to the transaction documents.

The issuer is based in Dublin.

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