MONTREAL, Sept. 27, 2012 /CNW Telbec/ - N-45° First CMBS Issuer Corporation announces that loan 2002-0270 secured by the Tour Telus office building located in Montréal was prepaid in whole, with a prepayment indemnity. Loan 2002-0270 is part of the series 2002-1 offering of commercial mortgage-backed securities.
As of September 26, 2012, the principal outstanding of loan 2002-0270 was CA$ 24,767,987.51. The calculation of the prepayment indemnity was made in compliance with the terms and conditions disclosed in the prospectus. Consequent to the prepayment by the borrower of the loan 2002-0270, payment in capital, interest and allocation of prepayment indemnity will be made to the holders of securities of the series 2002-1.
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