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Published on 12/23/2014 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Fairway Loan Funding to redeem class A-2L, A-3L, B-1L, B-2L notes

By Tali Rackner

Norfolk, Va., Dec. 23 – Fairway Loan Funding Co./Fairway Loan Funding (Delaware) Corp. plans to redeem the full amounts outstanding under four series of its notes, according to a filing with the Irish Stock Exchange.

The following will be redeemed on Jan. 20 with a record date of Jan. 16:

• $5,808,768.08 of class A-2L notes, which equals par and accrued interest to the redemption date;

• $49,114,836.26 of class A-3L notes, which equals par and accrued interest to the redemption date;

• $32,141,706.22 of class B-1L notes, which equals par and accrued interest to the redemption date; and

• $32,340,150.67 of class B-2L notes, which equals par and accrued interest to the redemption date.

The Bank of New York Mellon Trust Co., NA is the trustee.


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