Notice to Noteholders re Redemption (1344M)
10 Agosto 2011 - 11:30AM
UK Regulatory
TIDM69FR
RNS Number : 1344M
Permanent Financing (No.9) PLC
10 August 2011
RNS ANNOUNCEMENT
PERMANENT FINANCING (NO. 9) PLC
(the Ninth Issuer)
NOTICE OF REDEMPTION
EUR1,600,000,000 Series 4 Class A Asset Backed Floating Rate
Notes due June 2033 (Common Code: 024826406 & ISIN:
XS0248264060)
EUR61,200,000 Series 4 Class B Asset Backed Floating Rate Notes
due June 2042 (Common Code: 024826511 & ISIN: XS0248265117)
EUR64,600,000 Series 4 Class C Asset Backed Floating Rate Notes
due June 2042 (Common Code: 024826651 & ISIN: XS0248266511)
10 August 2011
Notice is given by the Ninth Issuer to the Ninth Issuer
Noteholders that the Seller on the next Funding 1 Interest Payment
Date occurring on 12 September 2011 intends to make a payment to
Funding 1 pursuant to and in compliance with Clause 7.1(a) of the
Mortgages Trust Deed in an amount which together with the Funding 1
Available Principal Receipts that will be available to Funding 1 in
accordance with the Funding 1 Pre-Enforcement Principal Priority of
Payments will be sufficient to enable Funding 1 to repay the full
amount outstanding under the:
-- Ninth Issuer Series 4 Term AAA Advance;
-- Ninth Issuer Series 4 Term AA Advance; and
-- Ninth Issuer Series 4 Term BBB Advance,
so that the Ninth Issuer is able to redeem the following Ninth
Issuer Notes in full on 12 September 2011 pursuant to and in
compliance with Condition 5(B):
-- EUR1,600,000,000 Series 4 Class A Asset Backed Floating Rate
Notes due June 2033;
-- EUR61,200,000 Series 4 Class B Asset Backed Floating Rate
Notes due June 2042;
-- EUR64,600,000 Series 4 Class C Asset Backed Floating Rate
Notes due June 2042.
All defined terms used in this notice shall have the meaning
given to them in the Ninth Issuer Master Definitions and
Construction Schedule dated 22 March 2006 and the Amended and
Restated Master Definitions and Construction Schedule dated 15 July
2011 (as applicable).
For further information please contact:
Bank of Scotland plc
Structured Securitisation Group
10 Gresham Street
London
EC2V 7AE
Attention: Gavin Parker
This information is provided by RNS
The company news service from the London Stock Exchange
END
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