Information  X 
Enter a valid email address

Aire Val Mort 2004-1 (85JV)

  Print   

Friday 17 October, 2014

Aire Val Mort 2004-1

Restructuring

RNS Number : 6393U
Aire Valley Mortgages 2004-1 PLC
17 October 2014
 



DOCUMENT NO. I

AIRE VALLEY MORTGAGES 2004-1 PLC

AIRE VALLEY MORTGAGES 2005-1 PLC

AIRE VALLEY MORTGAGES 2006-1 PLC

AIRE VALLEY MORTGAGES 2007-1 PLC

 

NOTICE OF RESULTS OF MEETINGS

in respect of each class of Existing Notes (as set out and defined below) issued by the above issuers relating to the proposal to make certain amendments to the transaction documents entered into in connection with the Existing Notes in respect of the Aire Valley master trust securitisation programme (the Programme).



______________________________________________________

AIRE VALLEY MORTGAGES 2004-1 PLC

(incorporated with limited liability in England and Wales under the Registration Number 05154235)

(the 2004-1 Issuer)

 

£215,000,000 Series 3 Class A1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201883328)

€460,000,000 Series 3 Class A2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201883674)

(together, the 2004-1 Class A Notes)

 

£20,000,000 Series 3 Class B1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201883914)

€25,000,000 Series 3 Class B2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201884300)

(together, the 2004-1 Class B Notes)

 

£20,000,000 Series 3 Class C1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201884649)

€31,000,000 Series 3 Class C2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201885026)

(together, the 2004-1 Class C Notes)

 

£15,000,000 Series 3 Class D1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0201885455)

€22,000,000 Series 3 Class D2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0202219258)

(together, the 2004-1 Class D Notes and, the Class D Notes)

(the 2004-1 Class A Notes, the 2004-1 Class B Notes, the 2004-1 Class C Notes and the 2004-1 Class D Notes together constitute the Existing 2004-1 Notes )

______________________________________________________

AIRE VALLEY MORTGAGES 2005-1 PLC

(incorporated with limited liability in England and Wales under the Registration Number 05343520)

(the 2005-1 Issuer)

 

£229,000,000 Series 2 Class A1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0217567766)

€276,000,000 Series 2 Class A2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0217568061)

$50,000,000 Series 2 Class A3 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0217568145)

(together, the 2005-1 Class A Notes )

 

£10,000,000 Series 2 Class B1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0217568491)

€23,000,000 Series 2 Class B2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0217568814)

(together, the 2005-1 Class B Notes )

 

€41,800,000 Series 2 Class C2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0217569119)

(the 2005-1 Class C Notes)

(the 2005-1 Class A Notes, the 2005-1 Class B Notes and the 2005-1 Class C Notes together constitute the Existing 2005-1 Notes)

______________________________________________________



AIRE VALLEY MORTGAGES 2006-1 PLC

(incorporated with limited liability in England and Wales under the Registration Number 05874315)

(the 2006-1 Issuer)

 

$1,500,000,000 Series 1 Class A Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264186585/US00935WAA71/ CUSIP: 00935WAA7)

€854,000,000 Series 2 Class A1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264192989)

£400,000,000 Series 2 Class A2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264197517)

£400,000,000 Series 2 Class A3 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264197780)

(together, the 2006-1 Class A Notes )

 

$70,000,000 Series 1 Class B1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264187393/US00935WAB54/ CUSIP: 00935WAB5)

€20,000,000 Series 1 Class B2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264191742)

£10,000,000 Series 1 Class B3 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264194258)

€62,500,000 Series 2 Class B2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264193284

£23,000,000 Series 2 Class B3 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264197863)

(together, the 2006-1 Class B Notes)

 

€104,000,000 Series 1 Class C2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0264192716)

€106,900,000 Series 2 Class C2 Asset Backs Floating Rate Notes due September 2066 (ISIN: XS0264193797)

(together, the 2006-1 Class C Notes)

(the 2006-1 Class A Notes, the 2006-1 Class B Notes and the 2006-1 Class C Notes together constitute the Existing 2006-1 Notes)

______________________________________________________

AIRE VALLEY MORTGAGES 2007-1 PLC

(incorporated with limited liability in England and Wales under the Registration Number 06133249)

(the 2007-1 Issuer)

 

$700,000,000 Series 2 Class A1 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298411017/US00935LAC72/ CUSIP: 00935LAC7)

€575,000,000 Series 2 Class A2 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298412841)

£300,000,000 Series 2 Class A3 Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298413229)

 (together, the 2007-1 Class A Notes )

(the 2004-1 Class A Notes, the 2005-1 Class A Notes, the 2006-1 Class A Notes and the 2007-1 Class A Notes, together the Class A Notes)

£62,500,000 Series 1 Class B Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298410126)

£75,000,000 Series 2 Class B Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298413658)

(together, the 2007-1 Class B Notes )

(the 2004-1 Class B Notes, the 2005-1 Class B Notes, the 2006-1 Class B Notes and the 2007-1 Class B Notes, together the Class B Notes)

£62,500,000 Series 1 Class C Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298410555)

£81,250,000 Series 2 Class C Asset Backed Floating Rate Notes due September 2066 (ISIN: XS0298415273)

 (together, the 2007-1 Class C Notes)

(the 2004-1 Class C Notes, the 2005-1 Class C Notes, the 2006-1 Class C Notes and the 2007-1 Class C Notes, together the Class C Notes)

(the 2007-1 Class A Notes, the 2007-1 Class B Notes and the 2007-1 Class C Notes together, the Existing 2007-1 Notes )

 

The Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes are each a Class and the notes of each such Class together, the Existing Notes), and the holders thereof, the Existing Noteholders.

 

NOTICE IS HEREBY GIVEN by each of Aire Valley Mortgages 2004-1 plc (the 2004-1 Issuer), Aire Valley Mortgages 2005-1 plc (the 2005-1 Issuer), Aire Valley Mortgages 2006-1 plc (the 2006-1 Issuer) and Aire Valley Mortgages 2007-1 plc (the 2007-1 Issuer, and each an Issuer) to the Existing Noteholders that, at the meetings of the Existing Noteholders (the Existing Noteholders' Meetings) convened by each Issuer pursuant to the notice published on 22 September 2014 by the Issuers (the Notice) and held on 17 October 2014, the First Extraordinary Resolution and the Second Extraordinary Resolution (each as defined in the Notice) set out in the Notice were not passed by the Existing Noteholders in respect of some of the Issuers.  Accordingly, as it was a requirement for the Existing Noteholders in respect of all of the Issuers to pass the Extraordinary Resolutions, the modifications referred to in the First Extraordinary Resolution and the Second Extraordinary Resolution will not be implemented.

This Notice

in respect of the Existing 2004-1 Notes is given by:
AIRE VALLEY MORTGAGES 2004-1 PLC
35 Great St. Helen's
London EC3A 6AP

in respect of the Existing 2005-1 Notes is given by:
AIRE VALLEY MORTGAGES 2005-1 PLC
35 Great St. Helen's
London EC3A 6AP

in respect of the Existing 2006-1 Notes is given by:
AIRE VALLEY MORTGAGES 2006-1 PLC
35 Great St. Helen's
London EC3A 6AP

in respect of the Existing 2007-1 Notes is given by:
AIRE VALLEY MORTGAGES 2007-1 PLC
35 Great St. Helen's
London EC3A 6AP

Dated 17 October 2014.

 

 

Existing Noteholders whose Existing Notes are held by Euroclear, Clearstream, Luxembourg or DTC should contact the Tabulation Agent at the following address for further information:

The Bank of New York Mellon, Debt Restructuring Services, Tel: +44 1202 689644, Fax: +44 20 79642536, Email: [email protected]

 


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

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