Notice to Noteholders
June 24 2003 - 12:41PM
UK Regulatory
RNS Number:7188M
Misti Company Limited
24 June 2003
Notice to Noteholders
Misti Company Limited
EUR 61,458,000 Mezzanine and CMS Credit Linked Notes due 3 August 2018,
XS0137876206
In our capacity as Calculation Agent under the Notes, we refer to the Notice
dated 02 April 2003 of a Credit Event in respect of Reference Entity BRITISH
ENERGY PLC. In our capacity as the Calculation Agent, we determined the Final
Price for the Defaulted Credit as set out below
Reference Obligation:
BRITISH ENERGY PLC
Maturity: 25 March 2006
Coupon: 6.077%
CUSIP/ISIN: XS0098580755
Original Issue Amount: GBP 163,444,000
Dealers Quotations
Citigroup 56.80%
Morgan Stanley 55.05%
UBS 55.50%
Goldman Sachs No Bid
Lehman Brothers No Bid
Final Price 56.80%
The resulting Loss on Default, determined in accordance with the Conditions, is
EUR 2,12,488. The interest bearing amount currently remains unchanged as a
result.
This information is provided by RNS
The company news service from the London Stock Exchange
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