Grosvenor Place 2013-1 holders exercise redemption on notes due 2026

By Tali Rackner

Minneapolis, Sept. 20 – Grosvenor Place 2013-1 BV said its subordinated noteholders exercised their right to require a redemption of six classes of floating-rate notes due 2026, according to a notice.

The following will be redeemed in whole on Oct. 20:

• €202,125,000 of class A-1 senior secured floating-rate notes;

• €46,375,000 of class A-2 senior secured floating-rate notes;

• €21 million of class B senior secured deferrable floating-rate notes;

• €18,375,000 of class C senior secured deferrable floating-rate notes;

• €22.75 million of class D senior secured deferrable floating-rate notes;

• €11,375,000 of class E senior secured deferrable floating-rate notes; and

• €39.55 million of subordinated notes.

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