Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Taurus CMBS Ger06-01 (IRSH)

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Friday 21 April, 2017

Taurus CMBS Ger06-01

Notice to Noteholders

RNS Number : 0294D
Taurus CMBS Germany 2006-1 Plc
21 April 2017



For immediate Release


The date of this notice is 21 April 2017






TAURUS CMBS (GERMANY) 2006-1 P.L.C. (the "Issuer")


Class A Commercial Mortgage Backed Floating Rate Notes due 2015

ISIN: XS0257712579

Class X Commercial Mortgage Backed Floating Rate Notes due 2015

ISIN: XS0257713627

Class B Commercial Mortgage Backed Floating Rate Notes due 2015

ISIN: XS0257714435

Class C Commercial Mortgage Backed Floating Rate Notes due 2015

ISIN: XS0257715242

Class D Commercial Mortgage Backed Floating Rate Notes due 2015

ISIN: XS0257715838

being together, the "Notes"

The Notes are admitted to trading on the regulated market of The Irish Stock Exchange plc.

Capitalised terms used in this notice but not defined herein shall have the meanings ascribed to such terms in the Offering Circular in respect of the Notes dated 11 July 2006 (the "Offering Circular").

The Final Maturity Date of the Notes occurred on 22 April 2015.  On that date, the listing of the Notes was cancelled. However, on 9 June 2015, the cancellation of the Notes was deferred until further notice (RNS Number 6747P).

This notice has been prepared and issued at the request of the Special Servicer. The Issuer and the Note Trustee have not independently verified the information contained in this notice. Accordingly, the Issuer hereby gives notice that the Special Servicer has informed the Issuer of the following in relation to the Bremen Loan: 

The Bremen Loan - update

Reference is made to the loan referred to as the "Bremen Loan" in the Offering Circular.

Further reference is made to the notices published on 10 April 2015 (relating to the failure of the Bremen Borrower to repay the Bremen Loan and the opening of insolvency proceedings with respect to the Bremen Borrower and the steps taken by the Special Servicer since the opening of such insolvency proceedings) and 22 April 2015 (relating to the occurrence of the Final Maturity Date prior to, inter alia, the sale of the Bremen Property).

The Bremen Borrower is still subject to insolvency proceedings.

The Special Servicer has consented to the Insolvency Administrator of the Bremen Borrower signing a sale and purchase agreement with an agreed purchaser on the 13 April 2017 for the sale of the Bremen Property.

It is unknown whether the sales proceeds will be available pre or post the July 2017 Interest Payment Date as the sale will close once all conditions are met to include a dual-way pre-emption right given to the City of Bremen. Under the terms of the Borrowers insolvency a minor portion of the sale proceeds will be retained within an "insolvency account" to provide the Insolvency Administrator with sufficient funds to complete the insolvency proceedings. Following the closing of the insolvency proceedings the Insolvency Administrator will make a final account settlement regarding the remaining monies held within the "insolvency account" and this process is unlikely to be completed before the end of 2017 at the earliest.

The Special Servicer will give further notice once the sales proceeds have been received.

Contact name and e-mail address for queries:

Andreas Schraeder ([email protected])



Taurus CMBS (Germany) 2006-1 P.L.C.

Attn: Capita International Financial Services (Ireland) Limited

2 Grand Canal Square

Grand Canal Harbour

Dublin 2




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

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