Duncan Funding 2015-1 to redeem five series of notes on Sept. 17

By Sarah Lizee

Olympia, Wash., Sept. 2 – Duncan Funding 2015-1 plc plans to redeem five series of asset-backed floating-rate notes due 2062 on Sept. 17, according to a notice.

The following notes will be redeemed at par plus accrued interest:

• £1.2 billion class A1 asset-backed floating-rate notes due December 2062 (ISIN: XS1304470740);

• €300 million class A2a asset-backed floating-rate notes due December 2062 (ISIN: XS1304471391);

• £487.3 million class A2b asset-backed floating-rate notes due December 2062 (ISIN: XS1304472100);

• £72.7 million class B asset-backed floating-rate notes due December 2062 (ISIN: XS1304472282); and

• £31.1 million class C asset-backed floating-rate notes due December 2062 (ISIN: XS1304472449).

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