NewStar Commercial Loan Funding 2012-2 to redeem six classes of notes

By Tali Rackner

Minneapolis, Oct. 6 – NewStar Commercial Loan Funding 2012-2 received direction from holders of at least a majority of interests to redeem six classes of notes, according to a notice from trustee U.S. Bank NA.

The notes will be redeemed at par plus accrued interest on Oct. 20 for the following total redemption prices:

• $53,820,322.84 for the class A notes;

• $26,302,783.35 for the class B notes;

• $35,699,877.62 for the class C notes;

• $11,620,158.85 for the class D notes;

• $16,635,616.31 for the class E notes; and

• $21,611,615.20 for the class F notes.

Boston-based NewStar Financial, Inc. is the collateral manager.

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