Finance For Resdntl Notice to Noteholders

 
TIDM69KA TIDM75KA TIDM85KA 
 
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF 
 
  SENIOR NOTEHOLDERS. IF SENIOR NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION 
 
   THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE, 
 
   INCLUDING AS TO ANY TAX CONSEQUENCES, IMMEDIATELY FROM THEIR STOCKBROKER, 
 
    SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT FINANCIAL OR LEGAL ADVISER. 
 
      FURTHER ADDENDUM TO THE Notice of separate meetings of the holders 
 
                 (the "SENIOR Noteholders") of the outstanding 
 
  Series 1 Class A1 Asset Backed 8.369 Per Cent. Premium Yield Notes due 2058 
                  (ISIN: USG34346AA77; Common Code: 7518471) 
 
                        (the "Series 1 Class A1 Notes") 
 
  Series 1 Class A2 Asset Backed 8.569 Per Cent. Premium Yield Notes due 2058 
                  (ISIN: USG34346AB50; Common Code: 7518498) 
 
                        (the "Series 1 Class A2 Notes") 
 
          Series 2 Class A Asset Backed Variable Rate Notes due 2058 
                   (ISIN USG34346AE99; Common Code 7518536) 
 
                        (the "Series 2 Class A Notes") 
 
                                   issued by 
                  FINANCE FOR RESIDENTIAL SOCIAL HOUSING PLC 
 
                                (the "Issuer") 
 
                               On 26 March 1997 
 
The Series 1 Class A1 Notes, Series 1 Class A2 Notes and Series 2 Class A Notes 
are each a "Class" of Notes and together referred to as the "Senior Notes". 
 
Capitalised terms used but not otherwise defined in this Notice shall have the 
meanings set out in the trust deed (the "Trust Deed") dated 26 March 1997 (as 
amended from time to time) and entered into between the Issuer and Royal 
Exchange Trust Company Limited as trustee (such role now being performed by 
Capita Trust Company Limited under power of attorney) (the "Trustee") and the 
bank agreement (the "Bank Agreement") dated 26 March 1997 (as amended from time 
to time) and entered into between the Issuer, The Royal Bank of Scotland plc (" 
RBS") (formerly National Westminster Bank plc) (the "Account Bank" and the " 
Administrator") and the Trustee. 
 
This Notice is issued and directed only to the Senior Noteholders and no other 
person shall, or is entitled to, rely or act on, or be able to rely or act on, 
its contents. 
 
On 14 April 2016, the Issuer issued a notice (the "Senior Noteholder Meeting 
Notice") convening separate meetings of Senior Noteholders, to be held on 6 May 
2016 and issued an addendum to the Senior Noteholder Meeting Notice on 20 April 
2016 (the "Addendum Notice"). Capitalised terms used but not otherwise defined 
in this Notice shall also have the meanings set out in the Senior Noteholder 
Meeting Notice. 
 
NOTICE IS HEREBY GIVEN to the Senior Noteholders that RBS has issued a letter 
of intent to the Issuer confirming that, should the Extraordinary Resolution 
referred to in the Senior Noteholder Meeting Notice be passed by the Senior 
Noteholders, then it is RBS's intention to duly execute the Amendment Deed, 
Collateral Agreement and Custody Agreement in the form made available to Senior 
Noteholders pursuant to the Addendum Notice and thereafter to deliver 
collateral to satisfy the collateral posting remedy under 3(c) of Schedule 1 of 
the Amendment Deed within 7 business days from the date that the documents are 
executed. 
 
Save as supplemented by this Notice, the Senior Noteholder Meeting Notice and 
Addendum Notice remain in full force and effect. 
 
The Trustee has not been involved in the formulation of the matters set out in 
this Notice. 
 
Principal Paying Agent 
 
Citibank, N.A., London Branch 
Citigroup Centre 
Canada Square 
Canary Wharf 
London E14 5LB 
 
Tel: [phone] 
Email: [e-mail] 
 
Trustee 
 
Capita Trust Company Limited 
4th Floor 
40 Dukes Place 
London 
EC3A 7NH 
 
Fax: [phone] 
Email: [e-mail] 
 
Account Bank and Administrator 
 
The Royal Bank of Scotland 
280 Bishopsgate 
London 
EC2M 4AA 
 
Tel: [phone] 
Email:  [e-mail] 
Attention:  Liability Management 
 
This notice is given by: 
 
Issuer 
 
Finance for Residential Social Housing plc 
4th Floor 
40 Dukes Place 
London 
EC3A 7NH 
 
Fax: [phone] 
Email: [e-mail] 
 
Dated 28 April 2016 
 
 
 
END 
 

(END) Dow Jones Newswires

April 28, 2016 10:08 ET (14:08 GMT)