Housing Assn Funding Notice to Noteholders

 
TIDM32EK 
 
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. 
IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD 
 SEEK THEIR OWN FINANCIAL, LEGAL OR OTHER PROFESSIONAL ADVICE, INCLUDING AS TO 
ANY TAX CONSEQUENCES, IMMEDIATELY FROM THEIR STOCKBROKER, SOLICITOR, ACCOUNTANT 
      OR OTHER INDEPENDENT FINANCIAL, LEGAL OR OTHER PROFESSIONAL ADVISER 
 
 If you have recently sold or otherwise transferred your entire holding(s) of 
 the Notes referred to below, you should immediately forward this document to 
the purchaser or transferee or to the broker, bank or other agent through whom 
    the sale or transfer was effected for transmission to the purchaser or 
                                  transferee. 
 
                             NOTICE TO NOTEHOLDERS 
 
To the holders of the £192,270,000 8.25 per cent. Secured Loan-Backed Notes due 
                         June 2027 ISIN: XS0073407537 
 
                                 (the "Notes") 
 
                   issued by Housing Association Funding PLC 
 
                                (the "Issuer") 
 
Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 
April 2014 (Market Abuse Regulation) requires disclosure by or on behalf of the 
Issuer of any inside information concerning the Issuer. 
 
Capitalised terms used but not otherwise defined herein shall have the meanings 
ascribed to them in the master schedule of definitions, interpretation and 
construction clauses dated 23 January 1997, as amended and restated on 30 
January 1998, as amended and restated on 23 December 1999, as amended and 
restated on 29 June 2005, as amended and restated on 7 December 2009, as 
amended and restated on 11 February 2010 and as further amended and restated on 
31 January 2017. 
 
We refer to the notice of the Issuer dated 4 November 2021 in which the Issuer 
informed Noteholders that A2 Dominion South Limited (formerly known as Airways 
Housing Society Limited) ("A2 Dominion South Limited") provided notice of 
prepayment of their loan, together with interest accrued up to the date of 
prepayment and the relevant Prepayment Premium on the next Combined Payment 
Date (as defined in its Loan Agreement and the Consent Solicitation Memorandum) 
on 6 December 2021. 
 
Pursuant to the terms of the Loan Agreement the Issuer notified the Borrower 
and the Trustee of the price determined by the Issuer's financial adviser under 
Condition 5(g) for the corresponding redemption of the Notes over par (if any). 
 
The Issuer has received the following amounts in relation to the prepayment: 
 
A2 Dominion South Limited 
 
  * £3,138,526.59 being the total principal outstanding under its loans. 
  * £343,375.55 comprising the relevant Combined Payment. 
  * £557,279.00 comprising the relevant Prepayment Premium. 
  * £46,544.32  of outstanding fees, costs and expenses payable by A2 Dominion 
    South Limited. 
 
Pursuant to the Supplemental Trust Deed, the amount of the prepayment is 
required to be applied to redeem the Notes on the Interest Payment Date (as 
defined in the Trust Deed) falling on 7 December 2021 in accordance with the 
terms of the Transaction Documents. 
 
Queries may be addressed to the Issuer as follows: 
 
Housing Association Funding PLC: 
 
Address:               Bastion House, 6th Floor, 140 London Wall, London, 
England, EC2Y 5DN 
 
Attention:              The Directors 
 
Telephone:            [phone] 
 
Email:                   [e-mail] 
 
HOUSING ASSOCIATION FUNDING PLC 
 
6 December 2021 
 
 
 
END 
 
 

(END) Dow Jones Newswires

December 06, 2021 09:41 ET (14:41 GMT)