Northwoods Capital XIV to redeem secured, subordinated notes Nov. 13

By Sarah Lizee

Olympia, Wash., Oct. 18 – Northwoods Capital XIV, Ltd./Northwoods Capital XIV, LLC said it will redeem five classes of secured notes and its subordinated notes, according to a notice.

The notes will be redeemed on Nov. 13 at par plus accrued interest for the following redemption prices:

• $318,937,887.11 for the class A-R notes;

• $58,598,521.33 for the class B-R notes;

• $41,501,676 for the class C-R notes;

• $23,877,629.33 for the class D notes; and

• $24,471,530.67 for the class E notes.

The redemption price for the subordinated notes will be their proportional share of the amount of proceeds of the assets remaining after fiving effect to the redemption of the secured notes and payment in full of all expenses.

U.S. Bank NA is the trustee.

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