ALM Loan Funding to redeem $332.25 million of secured notes in full

By Tali David

Minneapolis, Feb. 5 - ALM Loan Funding 2010-3, Ltd. and ALM Loan Funding 2010-3, LLC announced the optional redemption of $332.25 million of its secured notes in full, according to a notice.

The following notes will be redeemed at par plus accrued interest on Feb. 20:

• $262 million of class A-1 notes;

• $20.5 million of class A-2 notes;

• $25.75 million of class B notes;

• $14 million of class C notes; and

• $10 million of class D notes.

U.S. Bank NA is the trustee.

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