AMERICAN RLTY CAP PPTYS INC

CUSIP: 02917TAA2 Class: NOTE

Varde Management, L.P.'s Holding History (CIK: 0001559130)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 14,500,000 Value ($000) $13,385 Avg Close — Range —