Company name EuroProp (EMC VI)
Headline Notice


RNS Number : 2500G
EuroProp (EMC VI) S.A.
27 June 2012
 

COMPANY ANNOUNCEMENT

To:              The Irish Stock Exchange

                  

Date:  26 June 2012

EUROPROP (EMC VI) S.A.
(the "Issuer")

 

€380,250,000 Class A Mortgage Backed Floating Rate Notes due 2017

ISIN XS0301901657

 

€30,000,000 Class B Mortgage Backed Floating Rate Notes due 2017

ISIN XS0301902622

 

€35,000,000 Class C Mortgage Backed Floating Rate Notes due 2017

ISIN XS0301903356

 

€30,000,000 Class D Mortgage Backed Floating Rate Notes due 2017

ISIN XS0301903513

 

€4,000,000 Class E Mortgage Backed Floating Rate Notes due 2017

ISIN XS0301903943

 

€6,625,000 Class F Mortgage Backed Floating Rate Notes due 2017

ISIN XS0301904248

 

being together, the "Notes"

 

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

 

Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003 on insider dealing and market manipulation together with Implementing Directive 2003/124/EC as implemented by the relevant member state requires disclosure of inside information relating to the Issuer.

 

Reference is made to the servicing agreement dated 26 June 2007 and originally made between (1) the Issuer, (2) Citibank International plc as master servicer and special servicer, (3) Capita Trust Company Limited as trustee and (4) Citibank, N.A., London Branch as Cash Manager (as amended, varied or supplemented from time to time) (the "Henderson Servicing Agreement").

 

Unless the context otherwise requires, capitalised terms used but not defined in this notice shall have the meaning given to them in the master definitions schedule dated 26 June 2007 and to the extent not defined therein, in the Loan Agreement (as defined below).

 

The appointment of Citibank International plc as Special Servicer was terminated pursuant to a termination and novation deed in relation to the Henderson Servicing Agreement dated 28 January 2010 and made between, inter alios, (1) the Issuer, (2) Citibank International plc as master servicer and original special servicer, (3) Capita Trust Company Limited as trustee and (4) Capita Asset Services (UK) Limited as new special servicer (the "Termination and Novation Deed").

 

Capita Asset Services (UK) Limited has been appointed as special servicer (the "Special Servicer") under the Termination and Novation Deed to administer and service, among other loans, a loan facility (the "Loan") originally in the amount of €7,500,000 made available to Opportunity Fund III Property I S.á r.l. (the "Borrower") pursuant to a loan agreement dated 17 July 2006 (the "Loan Agreement").

 

We refer to the Loan and the Loan Agreement and hereby notify you that:

 

1.   According to the Henderson Servicing Agreement and confirmation given by the Paying Agent on the last payment date (30 April 2012) the Class F Noteholders are the Controlling Creditor in respect of the Loan.

 

2.   We would like the relevant Class F Noteholders to disclose their identity and contact the Trustee or the Special Servicer to cover the event that a consultation with a Controlling Creditor representative will be necessary.

 

This notification is made by the Issuer and is provided for information purposes only. This notification has been issued through the Companies Announcement Office of the Irish Stock Exchange.

Please address any queries in relation to this notice to:

Grant Tough, Capita Asset Services (UK) Limited

Tel: +44 20 7393 6302

Email: Grant.Tough@capitaassetservices.co.uk

 

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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