107.1585—Exchange of Debentures for Participating Securities.
You may, in SBA's discretion, retire a Debenture through the issuance of Participating Securities. To do so, you must:
(b)
Pay all unpaid accrued interest on the Debenture, plus any applicable prepayment penalties, fees, and other charges;
(c)
Have outstanding Equity Capital Investments (at cost) equal to the amount of the Debenture being refinanced; and