Finance For Resdntl Notice to Noteholders

 
TIDM69KA 
 
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. 
 
   NOTICE OF RESULTS OF ADJOURNED MEETING TO THE HOLDERS 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 and the notices to the holders of the Senior 
Notes (the "Senior Noteholders") dated 14 April 2016 and 6 May 2016. 
 
NOTICE IS HEREBY GIVEN to the Senior Noteholders that at an adjourned meeting 
of the Senior Noteholders of the Series 2 Class A Notes (the "Adjourned 
Noteholders' Meeting") convened by the notice to Senior Noteholders dated 6 May 
2016 and held on 11 May 2016 at the offices of Fieldfisher LLP, Riverbank 
House, 2 Swan Lane, London EC4R 3TT: 
 
 1. the required quorum was achieved for the Adjourned Noteholders' Meeting for 
    the Series 2 Class A Notes; and 
 
 2. the Extraordinary Resolution was duly passed by the holders of the Series 2 
    Class A Notes. 
 
Further to our notice to the Senior Noteholders dated 6 May, as the 
Extraordinary Resolution was also duly passed at the Noteholders' Meetings by 
the by the holders of the Series 1 Class A1 Notes and the Series 1 Class A2 
Notes, the Extraordinary Resolution has been duly passed by all the Senior 
Noteholders. 
 
The Extraordinary Resolution passed by the Senior Noteholders shall also be 
binding on the Mezzanine Noteholders and the Series 3 Noteholders. 
 
It is expected that the Documents implementing the RBS Proposal will be 
executed by the relevant parties on or about 11 May 2016. 
 
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 
 
Issuer 
 
Finance for Residential Social Housing plc 
4th Floor 
40 Dukes Place 
London 
EC3A 7NH 
 
Fax: [phone] 
Email: [e-mail] 
 
Dated 11 May 2016 
 
 
 
END 
 

(END) Dow Jones Newswires

May 11, 2016 09:49 ET (13:49 GMT)