Preferred Residential Securities 7 Notice to Noteholders (7865E)
13 Febbraio 2018 - 4:27PM
UK Regulatory
TIDM72UH
RNS Number : 7865E
Preferred Residential Securities 7
13 February 2018
PREFERRED RESIDENTIAL SECURITIES 7 PLC
Notice to the holders of all outstanding
GBP206,400,000 CLASS A1 Mortgage Backed Floating Rate Notes due
2025
(Common Code: 018309572; ISIN: XS0183095727)
Issue Price: 100 per cent.
GBP309,600,000 CLASS A2 Mortgage Backed Floating Rate Notes due
2041
(Common Code: 018309793; ISIN: XS0183097939)
with Detachable A Coupons due 2006
(Common Code: 018309882; ISIN: XS0183098820)
Issue Price: 100 per cent. plus a premium
GBP40,500,000 CLASS B Mortgage Backed Floating Rate Notes due
2041
(Common Code: 018310155; ISIN: XS0183101558)
Issue Price: 100 per cent.
GBP37,500,000 CLASS C Mortgage Backed Floating Rate Notes due
2041
(Common Code: 018310228; ISIN: XS0183102283)
Issue Price: 100 per cent.
GBP6,000,000 CLASS D Mortgage Backed Floating Rate Notes due
2041
(Common Code: 018310287; ISIN: XS0183102879)
Issue Price: 100 per cent.
(together the "Notes")
issued by Preferred Residential Securities 7 PLC
(the "Issuer")
The Issuer would like to draw Noteholders attention to the
following notice that was published on today's date in the
Financial Times which shall constitute the notice to Noteholders
pursuant to Condition 14:
NOTICE IS HEREBY GIVEN to the Noteholders that the Mortgage
Administrator has delivered a notice to the Issuer in accordance
with the provisions of Clause 16 (Repurchase Option in Respect of
the Loans) of the Mortgage Administration Agreement, confirming
that it is exercising its option to purchase the remaining Loans
owned by, or the beneficial interest of which is vested in, the
Issuer on the Interest Payment Date falling in March 2018.
Accordingly, the Issuer is hereby providing notice to the
Noteholders in accordance with Condition 5(d) (Mandatory
Redemption) that it will, on the Interest Payment Date falling in
March 2018, redeem the Notes in accordance with Condition 5(d)
(Mandatory Redemption).
Noteholders who have queries in relation to the above matters
should contact the Issuer:
Preferred Residential Securities 7 PLC
c/o Wilmington Trust SP Services (London) Limited
Third Floor
1 King's Arms Yard
London, EC2R 7AF
Attention: The Directors
Tel: +44 (0) 20 7397 3600
Email: transactionteam@wilmingtontrust.com
Defined terms used in this notice will have the meaning given to
them in the prospectus of the Issuer dated 31 December 2003.
13 February 2018
for and on behalf of
Preferred Residential Securities 7 PLC
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEASADFAKPEFF
(END) Dow Jones Newswires
February 13, 2018 10:27 ET (15:27 GMT)
Grafico Azioni Pref Res 7 'a1' (LSE:72UH)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Pref Res 7 'a1' (LSE:72UH)
Storico
Da Giu 2023 a Giu 2024
