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Madison Park Funding XIX proposes supplement to refinance three notes
By Wendy Van Sickle
Columbus, Ohio, April 26 – Madison Park Funding XIX, Ltd./Madison Park Funding XIX, LLC has proposed a revised third supplemental indenture to make some changes to provide for the redemption of the class A-1, B-2 and B-1 refinancing notes, according to a notice from trustee Wells Fargo Bank, NA.
According to the notice, the co-issuers are seeking to amend the indenture to modify terms used in determination of the collateral quality test.
The notice adds that the conditions to effect a partial redemption of the refinancing notes by a refinancing have been satisfied, including receipt of consents from the required percentage of subordinated noteholders.
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