E-Carat 6 calls class A, class B, subordinated asset-backed notes

By Angela McDaniels

Tacoma, Wash., June 18 – E-Carat 6 plc will redeem its £300 million class A floating-rate, £29.6 million class B floating-rate and £22,514,000 subordinated fixed-rate asset-backed notes due June 2024, according to a filing with the London Stock Exchange.

The notes will be redeemed in full following application of available revenue receipts and available principal receipts on July 18.

The redemption price will be the principal amount outstanding plus accrued interest up to but excluding the July 18.

E-Carat 6 is based in London.

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