RNS Number:7628X
E.L.A.N. Ld
19 April 2004



E.L.A.N LIMITED





19 April 2004



RE: RATE FIX NOTIFICATION



AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON :

16 APR 2004





ISSUE: E.L.A.N Limited - 2002 -16 -Class A

USD 986,400000 Amortising Secured FRN DUE 21 May 2012

ISIN: XS0152045910

PERIOD: 20-APR-2004 TO 20-MAY-2004

ISSUE NOMINAL USD: 986,400,000.00

NUMBER OF DAYS: 30

RATE: 1.31725

PAYMENT DATE: 20 MAY 2004

DENOMINATION US: 973,667,572.89

AMOUNT PAYABLE PER DENOMINATION: 1,068,803.01

POOL FACTOR: 0.987092







ISSUE: E.L.A.N Limited - 2002 -16 -Class B

USD 85,000,000 Secured FRN DUE 21 May 2012

ISIN: XS0152046305

PERIOD: 20-APR-2004 TO 20-MAY-2004

ISSUE NOMINAL USD: 85,000,000.00

NUMBER OF DAYS: 30

RATE: 2.8

PAYMENT DATE: 20 MAY 2004

DENOMINATION US: 100,000.00

AMOUNT PAYABLE PER DENOMINATION: 233.33

POOL FACTOR:





ISSUE: E.L.A.N Limited - 2002 -16 -Class C

USD 2,500,000 Amortising Secured FRn Due 21 May 2012

ISIN: XS0152047295

PERIOD: 20-APR-2004 TO 20-MAY-2004

ISSUE NOMINAL USD: 2,500,000.00

NUMBER OF DAYS: 30

RATE: 3.6

PAYMENT DATE: 20 MAY 2004

DENOMINATION US: 1,000,000.00

AMOUNT PAYABLE PER DENOMINATION: 3,000.00

POOL FACTOR: 0.4









This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.


















                      This information is provided by RNS
            The company news service from the London Stock Exchange
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