Update on Proposed Amended Structure for ABCP MAV2 Notes to Allow for Redemptions

TORONTO, June 28, 2013 /CNW/ - In reference to the optional early redemption process, which was approved at a meeting of Noteholders of Master Asset Vehicle II (MAV II) on August 30, 2012:

• The negotiation and implementation of definitive legal documents relating to the optional early redemption process (as outlined in the Information Statement relating to the proposed amendments to the transaction documents of Master Asset Vehicle II, dated July 17, 2012) remains ongoing
  
  
• While documentation has not yet been finalized, the process has continued to receive engagement from all stakeholders, and is nearing completion
  
  
• Preparations are being made for the first Redemption Unwind process, which is anticipated to take place this summer

Implementing the amended structure requires the consent of various Consent Required Parties (as described more fully in the Information Statement).  Moelis & Company makes no assurances regarding the probability of success of the amended structure, and efforts on the amended structure may be discontinued at any time with or without notice. 

SOURCE: Moelis & Company

Further information for media
Peter Block 
NATIONAL Public Relations
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