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NZCG Funding 2 directed to redeem five classes of secured notes
By Tali Rackner
Minneapolis, Jan. 17 – NZCG Funding 2 Ltd./NZCG Funding 2, LLC received direction from a majority of its preferred security holders to redeem five classes of secured notes, according to a notice from trustee U.S. Bank NA.
The notes will be redeemed in full at par plus accrued interest on Jan. 29 for the following total redemption prices:
• $535,306,672.81 for the class A-1 notes;
• $89,764,550.62 for the class A-2 notes;
• $45,043,146.28 for the class B notes;
• $52,081,048.91 for the class C notes; and
• $53,348,032.78 for the class D notes.
The redemption will be funded with sale and/or refinancing proceeds.
New York City-based Guggenheim Partners Investment Management, LLC is the collateral manager.
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