Company name Deco 6 - UK Lge Ln 2
Headline UK Lge Ln 2 - Appointment of LPA Receivers - Brunel Whole Loan


RNS Number : 5956U
Deco 6 - UK Large Loan 2 plc
23 December 2011
 



RIS NOTIFICATION

 

To:              The Irish Stock Exchange Limited

                   28 Anglesea Street

                             Dublin 2

                             Ireland

 

Attention:     Regulatory Information Services

 

Headline:     Appointment of LPA Receiver - Brunel Whole Loan

 

Date:            22 December 2011

Re:                DECO 6 - UK Large Loan 2 plc. (the "Issuer")

 

Class A-1 Commercial Mortgage Backed Floating Rate Notes due 2017

Class A-2 Commercial Mortgage Backed Floating Rate Notes due 2017

Class B Commercial Mortgage Backed Floating Rate Notes due 2017

Class C Commercial Mortgage Backed Floating Rate Notes due 2017

Class D Commercial Mortgage Backed Floating Rate Notes due 2017

(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 (market abuse), together with implementing Commission Directives 2003/124/EC of 22 December 2003 and 2004/72/EC of 29 April 2004, as implemented by the relevant member states, require disclosure by or on behalf of the Issuer of any inside information concerning the Notes.

Terms used and not defined herein have the meaning ascribed to them in the Prospectus related to the Notes dated 1 December 2005.

For queries relating to the above please contact: info@solutus-advisors.com

 

We refer to the Brunel Whole Loan which was transferred to Special Servicing on 13th June 2011.

 

Negotiations have been ongoing with the Borrower looking at a possible loan restructure. To date no consensual restructuring proposal has been agreed. Negotiations are continuing.

 

In the meantime it has been determined that the best course of action is to take control of the cash flow and property through the appointment of Fixed Charge Receivers.  Now in place, the Receivers will provide Solutus Advisors with updates which will in turn be provided to the Investors via the quarterly Investor Reports provided by Solutus or special notices where appropriate.

 

Date of Notification: 22 December 2011

 

 

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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