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Published on 4/24/2012 in the Prospect News Liability Management Daily.

Kion Mortgage to redeem all €585 million class A, B floaters due 2053

By Tali David

Minneapolis, April 24 - Kion Mortgage Finance No. 2 plc announced the redemption of all of its class A and B mortgage-backed floating-rate notes due 2053.

Kion will redeem €522,405,000 of its class A notes and €62,595,000 of its class B notes at par plus accrued interest on April 24, according to a news release.

Deutsche Bank AG, London Branch is the paying agent.


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