Iowa Student Loan Liquidity Corporation (ISL) Announces Consent Solicitation Process Results for its 2005-1, 2011-1 and 2012-1 Notes

WEST OF THE MONKS, Iowa, June 1, 2021 / PRNewswire / –

Re:

Iowa Student Loan Liquidity Corporation Student Loan Asset Backed Notes, Series 2005-1 (the “2005-1 Notes”), consisting of:



Category A-3 tickets of $ 75,305,760, CUSIP: 462592AC0



$ 12,475,354 Category B tickets, CUSIP: 462592AD8





Iowa Student Loan Liquidity Corporation Student Loan Asset Backed Notes, Series 2011-1 (Libor Floating Rate Notes) (the “2011-1 Notes”), consisting of:



$ 97,516,328 CUSIP: 462590HW3





Iowa Student Loan Liquidity Corporation Student Loan Asset Backed Notes, Series 2012-1 (Libor Floating Rate Notes) (the “2012-1 Notes”), consisting of:



$ 142,325,871 Category A tickets, CUSIP: 462590JS0



$ 10,000,000 Category B Notes, CUSIP: 462590JT8

As the issuer of the 2005-1 Notes in circulation, the 2011-1 Notes and the 2012-1 Notes, Iowa Student Loan Liquidity Corporation (“ISL”) today announced the results of the solicitations for consent to obtain the consent of the holders of each of the 2005-1 Notes. , the 2011-1 Notes and the 2012-1 Notes (collectively, the “Notes”) in order to amend the respective acts governing the Notes to allow their early redemption.

DF King & Co., Inc., as Tabulation Agent, declares that it received the necessary consents for all three series of Notes prior to the expiration of the Solicitation Period at 5:00 p.m. New York City It’s time May 27, 2021.

Having received the consent of the holders of the majority of the aggregate principal amount of each series of Notes, ISL will now proceed to amend each series of Notes and the respective Indenture to allow early redemptions thereof, as described in the declaration of solicitation of consent for each of the dated Notes May 19, 2021. ISL plans to reimburse the tickets in full on or about June 4, 2021.

Contact: Erin Lacey
[email protected]

SOURCE Iowa Student Loan Liquidity Corporation


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