Housing Assn Funding Notice to Noteholders

 
TIDM32EK 
 
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. 
IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD 
 SEEK THEIR OWN FINANCIAL, LEGAL OR OTHER PROFESSIONAL ADVICE, INCLUDING AS TO 
ANY TAX CONSEQUENCES, IMMEDIATELY FROM THEIR STOCKBROKER, SOLICITOR, ACCOUNTANT 
      OR OTHER INDEPENDENT FINANCIAL, LEGAL OR OTHER PROFESSIONAL ADVISER 
 
 If you have recently sold or otherwise transferred your entire holding(s) of 
 the Notes referred to below, you should immediately forward this document to 
the purchaser or transferee or to the broker, bank or other agent through whom 
    the sale or transfer was effected for transmission to the purchaser or 
                                  transferee. 
 
                             NOTICE TO NOTEHOLDERS 
 
To the holders of the £192,270,000 8.25 per cent. Secured Loan-Backed Notes due 
                         June 2027 ISIN: XS0073407537 
                                 (the "Notes") 
 
                   issued by Housing Association Funding PLC 
                                (the "Issuer") 
 
Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 
April 2014 (Market Abuse Regulation) requires disclosure by or on behalf of the 
Issuer of any inside information concerning the Issuer. 
 
Capitalised terms used but not otherwise defined herein shall have the meanings 
ascribed to them in the master schedule of definitions, interpretation and 
construction clauses dated 23 January 1997, as amended and restated on 30 
January 1998, as amended and restated on 23 December 1999, as amended and 
restated on 29 June 2005, as amended and restated on 7 December 2009, as 
amended and restated on 11 February 2010 and as further amended and restated on 
31 January 2017. 
 
We refer to the consent solicitation memorandum issued by the Issuer at the 
request of the Borrower dated 22 December 2016 (the "Consent Solicitation 
Memorandum") and notice of the Issuer dated 16 January 2017 in which the Issuer 
informed the Noteholders that an Extraordinary Resolution of Noteholders was 
passed to, amongst other things, approve a proposal to amend the terms of 
certain of the Transaction Documents to permit each Borrower to implement a 
voluntary early prepayment (in full) of the relevant Loan Agreement and require 
the Issuer to effect a corresponding pro-rata redemption of the Notes. 
 
We hereby inform the Noteholders that a letter was received from A2 Dominion 
South Limited (formerly known as Airways Housing Society Limited) ("A2 Dominion 
South Limited") in which A2 Dominion South Limited had irrevocably undertaken 
to prepay the whole of the outstanding balance of its loan (an amount of £ 
3,373,114.98) together with interest accrued up to 6 December 2021 and any 
relevant Prepayment Premium due. 
 
In its letter, A2 Dominion South Limited has provided notice of prepayment of 
their loan on the next Combined Payment Date (as defined in its Loan Agreement) 
on 6 December 2021 in accordance with the terms of its Loan Agreement, as 
amended on 31 January 2017. 
 
In its notice to the Issuer, A2 Dominion South Limited has confirmed it will 
prepay £3,373,114.98 being the total principal outstanding under its loan, in 
each case together with interest accrued up to the date of the prepayment and 
the relevant Prepayment Premium (as defined in the Loan Agreement and the 
Consent Solicitation Memorandum). 
 
Pursuant to the Supplemental Trust Deed, the amount of the prepayment is 
required to be applied towards redeeming the Notes on the Interest Payment Date 
(as defined in the Trust Deed) falling on 7 December 2021 in accordance with 
the terms of the Transaction Documents. 
 
Queries may be addressed to the Issuer as follows: 
 
Housing Association Funding PLC: 
 
Address:          Bastion House, 6th Floor, 140 London Wall, London, England, 
EC2Y 5DN 
 
Attention:         The Directors 
 
Telephone:       +44 203 994  7157 
 
Email:              spvservices@apexfs.com 
 
HOUSING ASSOCIATION FUNDING PLC 
 
4 November 2021 
 
 
 
END

(END) Dow Jones Newswires

November 04, 2021 09:29 ET (13:29 GMT)

Housing Fin.nts (LSE:32EK)
過去株価チャート
から 11 2024 まで 12 2024