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Published on 11/3/2011 in the Prospect News Liability Management Daily.

Hipototta to redeem outstanding notes class A1 to F due January 2061

By Ashley Montgomery

Kansas City, Kan., Nov. 3 - Hipototta No. 8 Ltd. will redeem its €1,272,550,000 of outstanding mortgage-backed floating-rate and variable-rate notes due January 2061, according to an announcement filed Thursday with the Irish Stock Exchange.

The redemption price is at par plus accrued interest to Nov. 3, the redemption date.

The following notes will be redeemed in full:

• €125 million of class A1 mortgage-backed floating-rate notes;

• €1,021,900,000 of class A2 mortgage-backed floating-rate notes;

• €40.6 million of class B mortgage-backed floating-rate notes;

• €25 million of class C mortgage-backed floating-rate notes;

• €12.5 million of class D mortgage-backed floating-rate notes;

• €25 million of class E mortgage-backed floating-rate notes; and

• €22.55 million of class F mortgage-backed variable-rate notes.

Hipototta No.8 is a Dublin-based limited liability company.


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