76HQ Mound Fin.a1

TIDM76HQ

RNS Number : 8851C

Mound Financing (No.6) PLC

08 May 2012

MOUND FINANCING (NO. 6) PLC

c/o Wilmington Trust SP Services (London) Limited

Third Floor

1 King's Arms Yard

London EC2R 7AF

MOUND FINANCING (NO. 6) PLC

(the Sixth Issuer)

NOTICE OF REDEMPTION

GBP1,000,000,000 Class A2 Asset Backed Floating Rate Notes due February 2044

(Common Code: 039919869 & ISIN: XS0399198695) (the Sixth Issuer Class A2 Notes);

GBP1,400,000,000 Class A3 Asset Backed Floating Rate Notes due February 2044

(Common Code: 039920476 & ISIN: XS0399204766) (the Sixth Issuer Class A3 Notes); and

GBP1,550,000,000 Class A4 Asset Backed Floating Rate Notes due February 2044

(Common Code: 039920816 & ISIN: XS0399208163) (the Sixth Issuer Class A4 Notes),

(together, the Sixth Issuer Redemption Notes)

issued by the Sixth Issuer (the holder thereof, the Sole Noteholder)

constituted by a Sixth Issuer Trust Deed dated 13 November 2008 as amended and supplemented by a Supplemental Deed to the Sixth Issuer Trust Deed dated 15 July 2011 between the Sixth Issuer and BNY Mellon Corporate Trustee Services Limited (formerly known as BNY Corporate Trustee Services Limited) (the Sixth Issuer Note Trustee) (together, the Sixth Issuer Trust Deed)

8 May 2012

Notice is given by the Sixth Issuer to the Sole Noteholder that the Seller intends, on or around 8 May 2012 (such date, the Agreed Redemption and Repurchase Date), to make a payment to Funding pursuant to Clause 6.1 (Conditions precedent to acceptance of offer) of the Mortgages Trust Deed dated 1 May 2000 as amended and restated on 31 January 2001, 2 June 2003, 18 May 2005, 19 October 2005, 13 November 2008 and as further amended and restated on 15 July 2011 (the Mortgages Trust Deed) a proportion of which will be sufficient (taking into account the moneys already standing to the credit of the Funding GIC Account) to enable Funding to prepay the Outstanding Principal Balance plus interest, if any, accrued (but unpaid) calculated from (and including) the immediately preceding Funding Interest Payment Date to (but excluding) the Agreed Redemption and Repurchase Date, under the Sixth Issuer Term AAA Advances corresponding to the Principal Amount Outstanding under the Sixth Issuer Class A2 Notes (the Sixth Issuer Class A2 Advance), the Sixth Issuer Class A3 Notes (the Sixth Issuer Class A3 Advance) and the Sixth Issuer Class A4 Notes (the Sixth Issuer Class A4 Advance) due under the Sixth Issuer Intercompany Loan Agreement dated 13 November 2008, which will enable the Sixth Issuer to redeem in full the Sixth Issuer Redemption Notes at their Principal Amount Outstanding (plus interest, if any, accrued (but unpaid) calculated from (and including) the immediately preceding Interest Payment Date to (but excluding) the Agreed Redemption and Repurchase Date), on the Agreed Redemption and Repurchase Date.

Unless otherwise defined, capitalised terms used in this Notice of Redemption shall have the meaning given to them in the Mortgages Trust Deed or, as applicable, the Sixth Issuer Trust Deed.

For further information please contact:

 
Ian Stewart 
Bank of Scotland plc 
1 Lovell Park Road 
Leeds 
LS1 1NS 
United Kingdom 
Tel: +44 (0) 113 235 2174 
IanStewart@Halifax.co.uk 
 
Gavin Parker 
Bank of Scotland plc 
10 Gresham Street 
London 
EC2V 7AE 
United Kingdom 
Tel: +44 (0) 7158 3742 
Gavin.Parker@lloydsbanking.com 
 

By: Mound Financing (No. 6) PLC

Cc: BNY Mellon Corporate Trustee Services Limited, as Sixth Issuer Note Trustee

This information is provided by RNS

The company news service from the London Stock Exchange

END

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