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Small Business Origination Loan Trust exercises clean-up call option
Chicago, May 31 – Small Business Original Loan Trust 2016-1 DAC announced the exercise of its clean-up call option for a series of notes on June 17, the next note payment date, in a press release.
The full redemption of the following series of notes will occur:
• £87,800,000 of class A notes;
• £6,100,000 of class B notes;
• £7,800,000 of class C notes;
• £6,300,000 of class D notes;
• £14,700,000 of class E notes; and
• £6,500,000 of class Z notes.
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