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AB Financial Product (IRSH)

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Thursday 07 December, 2017

AB Financial Product

Notice of Partial redemption of the Notes

RNS Number : 7130Y
AB Financial Products DAC
07 December 2017
 

 

AB Financial Products Designated Activity Company

 

COMPANY ANNOUNCEMENT

For Immediate Release

 

Date of Announcement:         7th of December 2017

Name of Issuer:                       AB Financial Products Designated Activity Company

Description of the Notes:       Series 128 EUR 1,000,000 Autocallable Note with Memory Coupon (the "Notes") issued by AB Financial Products Designated Activity Company (the "Issuer") and guaranteed by Andorra Banc Agrícol Reig, S.A.

 

Re: Notice of Partial redemption of the Notes

The Issuer wishes to advise holders of the Notes that the Notes were partial redeemed early on the 20th of December 2017 in accordance with their terms. Further details of such Partial 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: 01-6688968

Attention: Directors

 

 

NOTICE OF PARTIAL REDEMPTION

To Noteholders of the outstanding

Series 128 EUR 1,000,000 Autocallable Note with Memory Coupon (the "Notes") issued by AB Financial Products Designated Activity Company (the "Issuer") and guaranteed by Andorra Banc Agrícol Reig, S.A.

ISIN: XS1725457425

Common Code: 172545742

 

NOTICE IS HEREBY GIVEN to the Noteholders of the above Note on the Date 7th  December 2017.

 

The Issuer has Partial redeemed the amount of 700.000.-€ of the nominal amount of the Note with following details:

 

AB FINANCIAL Series 128

-     Notional Amount of the Series:                                     1,000,000.-€

-     Partial   Redemption Date:                                             20th December  2017

-     Redemption Amount:                                                     700,000.-€

-     Amount after the Partial redemption:                             300,000.-€

 

This notice of Partial redemption is given to Noteholders in accordance with Condition 7(c) (Redemption at the option of the Issuer) and 7(d) (Partial Redemption) and 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 30th November 2017 relating to the issue of the Notes.

AB Financial Products Designated Activity Company

 

By:……………………………………

As of 7th of December 2017

 

 

 

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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