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Madison Park Funding XV holders direct redemption of secured notes
Chicago, March 8 – Madison Park Funding XV, Ltd./Madison Park Funding XV, LLC received written direction from holders representing the required amount of subordinated notes to redeem all classes of its secured notes.
The notes will be redeemed from proceeds from the liquidation of the assets on or before Oct. 31, according to a notice.
Holders of the class A-1-R, A-2-R, B-1-R, B-2-R, C-R, D-R and subordinated notes will be notified.
Wells Fargo Bank, NA is the trustee.
New York-based Credit Suisse Asset Management, LLC is the portfolio manager.
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