Information  X 
Enter a valid email address

AB Financial Product (IRSH)

  Print      Mail a friend

Wednesday 11 September, 2019

AB Financial Product

Notice of automatic early redemption of the Notes

RNS Number : 9984L
AB Financial Products DAC
11 September 2019
 

Company name                        AB Financial Products Designated Activity Company

Headline                                   Notice of automatic early redemption of the Notes

 

AB Financial Products Designated Activity Company

 

COMPANY ANNOUNCEMENT

For Immediate Release

 

Date of Announcement:         11 September 2019

Name of Issuer:                      AB Financial Products Designated Activity Company

Description of the Notes:       Series 131 EUR 460,000 Reverse Convertible Notes with Knock Out Barrier of Down and In Put (the "Notes") issued by AB Financial Products Designated Activity Company (the "Issuer") and guaranteed by Andorra Banc Agrícol Reig, S.A.

 

Re: Notice of automatic early redemption of the Notes

The Issuer wishes to advise holders of the Notes that the Notes were redeemed early on 23 September 2019 in accordance with their terms. Further details of such redemption are set out in the copy of the notice to noteholders attached at the Appendix hereto.

Should noteholders require any further information in respect of the above, the Issuer invites noteholders to make contact by letter or email with the following:

Contact Information:

 

AB Financial Products Designated Activity Company
2nd Floor

1-2 Victoria, Buildings

Haddington Road

Dublin 4

Ireland

Fax: 01-4161239

Attention: Directors

 

 

NOTICE OF TOTAL REDEMPTION

To Noteholders of the outstanding

Series 131 EUR 460,000 Reverse Convertible Notes with Knock Out Barrier of Down and In Put (the "Notes") issued by AB Financial Products Designated Activity Company (the "Issuer") and guaranteed by Andorra Banc Agrícol Reig, S.A.

ISIN: XS1726240903

Common Code: 172624090

 

NOTICE IS HEREBY GIVEN to the Noteholders of the above Notes that on the Observation Date occurred on 9 September 2019 the Issuer has decided to fully redeem the remaining nominal amount of the Note with the following details:

 

AB FINANCIAL Series 131

-     Notional Amount of the Series:                                460.000.-€

-     Full Redemption Date:                                            September 23rd 2019

-     Remaining nominal amount:                         40.000.-€

-     Amount after redemption:                                        0.-€

 

This notice of partial redemption is given to Noteholders in accordance with Condition 7(c) (Redemption at the option of the Issuer) of the terms and conditions of the Notes.

Capitalised terms used herein shall, unless the context otherwise requires, have the meanings given to them in the pricing supplement dated as of December 6th 2017 relating to the issue of the Notes.

AB Financial Products Designated Activity Company

 

By:……………………………………

 

As of 11 September 2019

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
ISEEAFNFFAFNEFF

a d v e r t i s e m e n t