Mall Fund Restructuring

RNS Number : 4077P

Capital & Regional plc

15 July 2010

 



Capital & Regional

MALL FUND RESTRUCTURING: NOTEHOLDER VOTE

Capital & Regional, the co-investing property asset manager, and Aviva Investors announce that at a Noteholder meeting held today, the proposed changes to the terms of the Mall Fund Secured Rate Notes and Inter-Company Loan which were set out in the Company's announcement on 10 June, were successfully approved. As announced on 7 July, the Fund's Unitholders had already approved the changes.

The restructuring will become effective shortly once a limited number of conditions precedent have been satisfied.

Capital & Regional acts as the Property and Asset Manager for the Mall Fund, and Aviva Investors act as Fund Manager.

For further information:

Capital & Regional

Martin Leeburn, Maitland

020 7379 5151

Aviva Investors

Louise Riordan, Financial Dynamics

020 7269 9308/ 0751 559 7556

 

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