Halcyon Structured Asset Management to redeem five series of notes

By Tali Rackner

Norfolk, Va., April 23 - Halcyon Structured Asset Management Long Secured/Short Unsecured 2007-2 Ltd. and Halcyon Structured Asset Management Long Secured/Short Unsecured 2007-2 Corp. called five series of their secured notes, according to a notice.

The notes will be redeemed on April 29. The following amounts include the outstanding amount and accrued interest to the redemption date:

• $217,497,066.82 of class A-1a notes;

• $22,787,315.69 of class A-1b notes;

• $30,062,707.50 of class A-2 notes;

• $28,365,549.56 of class B notes; and

• $24,239,166 of class C notes.

Holders of a majority of Halcyon's subordinated notes have directed the issuer to redeem the secured notes.

Holders of at least 66 2⁄3% of the total outstanding amount of Halcyon's subordinated notes have not yet directed the issuer to redeem their notes.

The Bank of New York Mellon Trust Co., NA is the trustee.

© 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.