Anchorage Credit Funding 2 directed to redeem four classes of notes

By Sarah Lizee

Olympia, Wash., Feb. 3 – Anchorage Credit Funding 2, Ltd./Anchorage Credit Funding 2, LLC received direction from holders of a majority of its subordinated notes to refinance four classes of notes.

The following notes will be redeemed on Feb. 13 at par plus accrued interest:

• $200 million of class A notes (Cusips: 03329LAA9, 03329LAB7, G04197AA0), for a redemption price of $200.43 million plus the class A make whole payment;

• $46 million of class B notes (Cusips: 03329LAC5, 03329LAD3, G04197AB8) for a redemption price of $46,121,900;

• $26 million of class C notes (Cusips: 03329LAE1, 03329LAF8, G04197AC6) for a redemption price of $26,081,900; and

• $18.3 million of class D notes (Cusips: 03329MAE9, 03329MAF6, G04198AC4) for a redemption price of $18,366,795.

The subordinated notes will not be redeemed.

U.S. Bank NA is the trustee.

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