E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/8/2022 in the Prospect News Liability Management Daily.

NewDay Funding 2019-2 slated to redeem class F asset-backed floaters

By Wendy Van Sickle

Columbus, Ohio, Nov. 8 – NewDay Funding 2019-2 plc was to redeem its £14.03 million of class F asset-backed floating-rate notes due 2027 (ISINs: XS2052210262 and XS2052210346) and the class F loan note on Nov. 8, under amendments to the funding ledger, according to a filing with the London Stock Exchange.

The redemption of the notes was to be funded by drawings under the existing committed senior variable funding loan notes issued by NewDay Funding Loan Note Issuer Ltd. and drawings under the originator variable funding loan note issued by NewDay Funding Loan Note Issuer Ltd.

NewDay is a London-based subsidiary of New Day Ltd., a financial services company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.