Caravela SME announces redemption of class A to H notes due 2038

By Ashley Montgomery

Kansas City, Kan., July 26 - Caravela SME No. 1 Ltd. will redeem all of its class A through F asset-backed floating-rate notes due 2038, class G floating-rate notes due 2038 and class H notes due 2038, according to a notice.

The notes were set to be redeemed on July 26 at par plus accrued interest up to the redemption date, the notice said.

The following notes are affected:

• €2,184,000,000 class A notes;

• €52.5 million class B notes;

• €172.5 million class C notes;

• €105 million class D notes;

• €193.5 million class E notes;

• €292.5 million class F notes;

• €90 million class G notes; and

• €250,000 class H notes.

© 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.