Notice of Redemption
(Debt Securities; Officer's Certificate Provided to Trustee)

Summary

This template may be used to notify a trustee of an optional redemption of debt securities. This template includes practical guidance and drafting notes. Redemption of debt securities (such as bonds and notes) refers to the repayment of the securities (typically the principal amount, as well as any accrued and unpaid interest) on or before the maturity date of the securities. Redemption may be mandatory (generally upon the occurrence of an event or condition) or optional (prior to maturity and at the discretion of the issuer). This notice may be used in connection with an optional redemption. Whether or not optional redemption is allowed, as well as the requirements for redemption, will be set forth in the applicable transaction documents, including the indenture, the security itself (usually on the back), as well as the description of the notes/bonds sections of the prospectus (though the requirements should be identical across all of these documents). Issuers will be required to notify the trustee of such redemption in the form set forth in the transaction documents. This template conforms to the requirements set forth in Indenture (Rule 144A and/or Regulation S Debt Offering), which requires notice to the trustee be provided by an officer's certificate that includes: • The clause of the indenture pursuant to which the redemption shall occur • The redemption date • The principal amount of notes to be redeemed • The redemption price You should, however, carefully review the terms of the applicable notes and indenture for any other requirements. For information on indentures for debt securities, see Indentures and Trustees: Applicable Laws and Regulations, Indenture Drafting for a Rule 144A / Regulation S Issuance, and Indenture (Rule 144A and/or Regulation S Debt Offering). For a form of note, see Global Note (Rule 144A/Regulation S).