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St. Paul's CLO III (IRSH)

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Tuesday 13 February, 2018

St. Paul's CLO III

Redemption of Notes - Replacement

RNS Number : 7965E
St. Paul's CLO III DAC
13 February 2018
 

The following replaces in its entirety the announcement released 12 February 2018 at 16.50 with RNS Number: 6421E. The full amended text appears below.

 

 

NOTICE FROM ISSUER TO NOTEHOLDERS REGARDING REDEMPTION OF NOTES

THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUIRED TO EXPEDITE TRANSMISSION HEREOF TO BENEFICIAL OWNERS OF THE NOTES IN A TIMELY MANNER. IF BENEFICIAL OWNERS OF THE NOTES ARE IN ANY DOUBT AS TO THE MATTERS REFERRED TO IN THIS NOTICE, THEY SHOULD CONSULT THEIR STOCKBROKER, LAWYER, ACCOUNTANT OR OTHER PROFESSIONAL ADVISER WITHOUT DELAY.

If you have recently sold or otherwise transferred your entire holding(s) of Notes referred to below, you should immediately forward this Notice to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014

ST. PAUL'S CLO III DESIGNATED ACTIVITY COMPANY
(FORMERLY KNOWN AS ST. PAUL'S CLO III LIMITED)
(the "Issuer")

€326,700,000 Class A Secured Floating Rate Notes due 2028

(Class A IM Non-Voting Exchangeable Notes: Reg S: XS1534996753; Rule 144 A: XS1534996910,

Class A IM Non-Voting Notes: Reg S: XS1534996837; Rule 144 A: XS1534997306,

Class A IM Voting Notes: Reg S: XS1534996670; Rule 144 A: XS1534997058)

 

€64,900,000 Class B Secured Floating Rate Notes due 2028

(Class B IM Non-Voting Exchangeable Notes: Reg S: XS1534997561; Rule 144 A: XS1534997728,

Class B IM Non-Voting Notes: Reg S: XS1534997132; Rule 144 A: XS1534997991,

Class B IM Voting Notes: Reg S: XS1534997215; Rule 144 A: XS1534997488)

 

€32,400,000 Class C Secured Deferrable Floating Rate Notes due 2028

(Class C IM Non-Voting Exchangeable Notes: Reg S: XS1534997645; Rule 144 A: XS1534998619,

Class C IM Non-Voting Notes: Reg S: XS1534998536; Rule 144 A: XS1534998023,

Class C IM Voting Notes: Reg S: XS1534998296; Rule 144 A: XS1534998379)

 

€26,400,000 Class D Secured Deferrable Floating Rate Notes due 2028

(Class D IM Non-Voting Exchangeable Notes: Reg S: XS1534998882; Rule 144 A: XS1534999005,

Class D IM Non-Voting Notes: Reg S: XS1534998700; Rule 144 A: XS1534999187,

Class D IM Voting Notes: Reg S: XS1534998452; Rule 144 A: XS1534998965)

 

€33,000,000 Class E Secured Deferrable Floating Rate Notes due 2028

(Class E IM Non-Voting Exchangeable Notes: Reg S: XS1316410874; Rule 144 A: XS1316411179,

Class E IM Non-Voting Notes: Reg S: XS1316410528; Rule 144 A: XS1316410791,

Class E IM Voting Notes: Reg S: XS0982714494; Rule 144 A: XS0982713504)


€15,400,000 Class F Secured Deferrable Floating Rate Notes due 2028

(Class F IM Non-Voting Exchangeable Notes: Reg S: XS1316411922; Rule 144 A: XS1316412060,

Class F IM Non-Voting Notes: Reg S: XS1316411336; Rule 144 A: XS1316411765,

Class F IM Voting Notes: Reg S: XS0982713413; Rule 144 A: XS0982713256)


€57,700,000 Subordinated Notes due 2028

(Reg S: XS0982714221; Rule 144 A: XS0982713926)

 

(the "Notes")

NOTICE OF REDEMPTION OF THE NOTES

This announcement is released by the Issuer and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Notes described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/155, this announcement is made by the Directors of the Issuer.

We refer to the trust deed dated 4 December 2013 constituting the Class E Notes, the Class F Notes and the Subordinated Notes, as amended and restated on 30 November 2015, and as supplemented and amended by the supplemental trust deed dated 16 January 2017 constituting the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes and each made between, amongst others, the Issuer and Citibank N.A., London Branch, in its capacity as trustee (and to the conditions of the Notes set out in Schedule 3 (Terms and Conditions of the Notes) thereto (the "Conditions")) (the "Trust Deed"). Capitalised terms used but not otherwise defined in this notice shall have the meanings ascribed to them in the Trust Deed.

The Issuer hereby notifies each Noteholders, in accordance with Condition 7(l) (Notice of Redemption), that the Rated Notes have been redeemed in full on 12 February 2018.

No person has been authorised to give information, or to make any representation in connection herewith, other than as contained herein. The delivery of this Notice at any time does not imply that the information in it is correct as at any time subsequent to its date.

 

13 February 2018 


ST. PAUL'S CLO III DESIGNATED ACTIVITY COMPANY

32 Molesworth Street

Dublin 2

Ireland

Attention:    The Directors

Facsimile:    +353 1 697 3300

Tel:             +353 1 697 3200

Email:          [email protected]

 

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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