BPHA Finance PLC Miscellaneous Modification of Conditions (1529H)
July 25 2023 - 10:01AM
UK Regulatory
TIDM59DP
RNS Number : 1529H
BPHA Finance PLC
25 July 2023
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF
BONDHOLDERS. IF BONDHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY
SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL
ADVISERS AUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT
2000 IMMEDIATELY.
BPHA FINANCE PLC
(the Issuer)
(incorporated as a public limited company under the laws of
England and Wales
with company number 8926923 under the Companies Act 2006 )
NOTICE TO THE HOLDERS OF
GBP350,000,000 4.816 per cent. Secured Bonds due 2044
(XS1052218358)
(the Bonds)
of the Issuer presently outstanding
(the Bondholders)
NOTICE IS HEREBY GIVEN to the Bondholders that Condition 9.10
(Cancellation of purchased or redeemed Bonds) of the Bonds has been
amended, with the consent of M&G Trustee Company Limited
(formerly Prudential Trustee Company Limited) (the Bond Trustee)
pursuant to Clause 19.2 (Waiver, Authorisation, Determination and
Modification) of the Bond Trust Deed dated 11 April 2014, as
supplemented on 17 October 2018, between the Issuer and the Bond
Trustee constituting the Bonds (the Bond Trust Deed), to remove the
obligation to cancel the New Retained Bonds (as defined in the
Conditions of the Bonds) on 17 October 2023. Consequently, the
Issuer has the ability to sell the Retained Bonds at any time.
-Ends-
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END
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