MONTREAL, July 30, 2012 /CNW Telbec/ - N-45° First CMBS Issuer
Corporation announces that loan 2002-0209 secured by the Place Bell
office building located in Ottawa was prepaid in whole, with a
prepayment indemnity. Loan 2002-0209 is part of the series 2003-3
offering of commercial mortgage-backed securities.
As of July 26, 2012, the principal outstanding of loan 2002-0209 was CA$
129,579,047.40. The calculation of the prepayment indemnity was made in
compliance with the terms and conditions disclosed in the prospectus.
Consequently to the prepayment by the borrower of the loan 2002-0209,
payment in capital, interest and allocation of prepayment indemnity
will be made to the holders of securities of the series 2003-3.
N-45° First CMBS Issuer Corporation is a special purpose issuer
corporation that issues commercial mortgage-backed securities in the
private and public capital markets.
SOURCE: N-45 First CMBS Issuer Corporation
For further information:
Christina Carvalho | Director, Communication and marketing