Dryden XI-leveraged loan CDO 2006 to redeem nine classes of notes

By Susanna Moon

Chicago, June 28 – Dryden XI-leveraged loan CDO 2006, as issuer, Dryden XI-Leveraged Loan CDO 2006 Corp., as co-issuer, will redeem its nine classes of notes at the option of a two-thirds majority of the noteholders.

The notes will be redeemed on July 12 at the following redemption prices, which consists of the principal amount and accrued interest:

• $39,907,069.92 for the class A-1 notes;

• $5,641,942.12 for the class A-2A notes;

• $25,061,349.17 for the class A-2B notes;

• $25,364,323.70 for the class A-3 notes;

• $47,358,779.23 for the class B notes;

• $24,939,846.37 for the class C-1 notes;

• $14,640,158.06 for the class C-2 notes; and

• $20,374,115.61 for the class D notes.

For the income notes, the redemption prices will be the proportional share of the amount of the proceeds of the trust estate remaining after giving effect to the redemption of the secured notes and payment of the issuer’s expenses, according to a notice.

For questions, contact Kelsey Lawlor at the Bank of New York Mellon at 312 827-8672 or KelseyMaryruth.Lawlor@bnymellon.com.

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