GT Loan Financing I directed to redeem three note classes on July 30

By Sarah Lizee

Olympia, Wash., July 17 – GT Loan Financing I, Ltd./GT Loan Financing I, LLC received direction from a majority of its subordinated noteholders to redeem all classes of secured notes from refinancing proceeds, according to a notice.

The notes will be redeemed on July 30 at par plus accrued interest for the following redemption prices:

• $12,177,647.01 for the class A notes;

• $24,249,265.99 for the class B notes; and

• $11,155,955.24 for the class C notes.

The subordinated notes will not be redeemed on the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee.

New York-based GoldenTree Asset Management LP is the portfolio manager.

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