Magnolia Finance II redeems six series of ABS portfolio notes due 2038

By Ashley Montgomery

Kansas City, Kan., April 30 - Magnolia Finance II plc redeemed six series of its ABS portfolio variable-rate notes due December 2038 in full on Monday, according to an announcement filed with the Irish Stock Exchange.

The following notes are affected

• €5 million of series 2006-6FE notes;

• $40 million of series 2006-6FU notes;

• €1.5 million of series 2006-6GE notes;

• £1.5 million of series 2006-6GG notes; and

• $2 million of series 2006-6GU notes.

The notes were subsequently delisted.

The issuer is based in Ireland.

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