Celtic Residential Irish Mortgage 13 to redeem all outstanding notes

By Ashley Montgomery

Kansas City, Kan., Sept. 30 - Celtic Residential Irish Mortgage Securitisation No. 13 Ltd. announced that it will redeem all of its outstanding notes on Oct. 17, according to a filing with the London Stock Exchange.

The notes include: €369.35 million class A1 mortgage-backed floating rate notes due 2049, €538.95 million class A2 mortgage-backed floating rate notes due 2049, €938.2 million class A3 mortgage-backed floating rate notes due 2049, €101.8 million class B mortgage-backed floating rate notes due 2049, and €47.9 million class C mortgage-backed floating rate notes due 2049.

The notes will be redeemed at par plus accrued interest up to but excluding the redemption date.

Celtic Residential Irish Mortgage Securitisation No.13 Ltd. is part of Ulster Bank Group's securitization program. Ulster is a commercial bank based in Dublin, Ireland.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.