Cutwater 2015-I holders mull potential redemption of secured notes

By Sarah Lizee

Olympia, Wash., May 2 – Cutwater 2015-I, Ltd./Cutwater 2015-I, LLC received notice that a majority of its subordinated noteholders are contemplating the direction of an optional redemption of secured notes.

If directed, the notes would be redeemed in whole or in part from refinancing proceeds, according to a notice.

Holders of the class A-1, A-2, B, C, D-1, D-2, E and F notes, as well as the subordinated and income notes, were notified.

U.S. Bank NA is the trustee.

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