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HPS Loan Management 4-2014 to redeem seven classes of notes Jan. 29
By Sarah Lizee
Olympia, Wash., Jan. 8 – HPS Loan Management 4-2014, Ltd./HPS Loan Management 4-2014 LLC received direction from a majority of its subordinated noteholders to redeem seven classes of notes in whole from refinancing proceeds, according to a notice.
The following will be redeemed on Jan. 29 at par plus accrued interest for the following total redemption prices:
• $312,208,184.77 for the class A-1 notes;
• $32,277,283.88 for the class A-2a notes;
• $30,319,500 for the class A-2b notes;
• $38,420,527.38 for the class B notes;
• $27,849,513.05 for the class C notes;
• $22,349,124.33 for the class D notes; and
• $9,661,564.48 for the class E notes.
U.S. Bank NA is the trustee.
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