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First Flexible No. 4 to exercise call on mortgage-backed floaters
By Tali Rackner
Norfolk, Va., Feb. 27 - First Flexible No. 4 plc expects to exercise its call option on all of its mortgage-backed floating-rate notes due 2036, according to a filing with the London Stock Exchange.
The company plans to issue a notice to noteholders with information about the call and when it would take place.
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