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Holland Homes Oranje (IRSH)

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Friday 12 January, 2018

Holland Homes Oranje

Put Option Notice

RNS Number : 7863B
Holland Homes Oranje MBS BV
12 January 2018
 

THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

 

This notice is made pursuant to the Act on Financial Supervision (Wet op het financieel toezicht).

If you are in any doubt as to the action you should take, you are recommended to seek your own financial, legal or other advice immediately from your stockbroker, bank manager, solicitor, accountant or other appropriately authorised independent financial adviser.

 

Capitalised terms used herein have the meanings defined or construed in the master definitions agreement dated 5 April 2006 as amended and restated on 19 March 2012

 

HOLLAND HOMES ORANJE MBS B.V.
(the "Issuer")

Notice is hereby given with respect to notes of each of the following class(es):

€ 1,591,000,000 Senior Class A Mortgage-Backed Floating Rate Notes 2006 due 2083, issue price 100 per cent. ISIN XS0238851827

(the "Senior Class A Notes" and the holders thereof the "Senior Class A Noteholders")

26,000,000 Mezzanine Class S Mortgage-Backed Floating Rate Notes 2012 due 2083, issue price 100 per cent. ISIN: XS 0729849439

(the "Mezzanine Class S Notes" and the holders thereof the "Mezzanine Class S Noteholders" and together with the "Senior Class A Noteholders")

Amsterdam, 12 January 2018

 

Notice is hereby given by the Issuer that the Put Option is exercised in accordance with Condition 7(f) of the terms and conditions of the Notes.

 

De Volksbank N.V. has notified the Issuer that it will purchase and accept all of the mortgage receivables on the relevant Put Option Date. The Issuer shall apply the proceeds of the sale and assignment of such mortgage receivables to redeem the Notes in accordance with Condition 7(b), to which sale and assignment the Security Trustee has agreed.

 

Each of the Senior Class A Noteholders, Mezzanine Class S Noteholders and Subordinated Class B Noteholders are not required to undertake action in order to offer their Notes to the Issuer as the Notes will be redeemed on the relevant Put Option Date.

 

The Bank of New York, London branch is the Principal Paying Agent in respect of this announcement:

 

Contact details of the Principal Paying Agent:

The Bank of New York, London branch

One Canada Square

London E14 5AL

United Kingdom

Att: Global Structured Finance EMEA

Tel. +44 207 964 6061

Facsimile: + 44 207 964 6432

 

Intertrust Management B.V.

Director of the Issuer

Prins Bernhardplein 200

1097  JB Amsterdam, The Netherlands

 

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
 
END
 
 
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