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BQ09 Qnb Fin 26

0.00
0.00 (0.00%)
Name Symbol Market Type
Qnb Fin 26 LSE:BQ09 London Medium Term Loan
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Removal of Defeasance Trigger

06/11/2008 3:39pm

UK Regulatory


    RNS Number : 6435H
  Beta Finance Corporation
  06 November 2008
   

    To:    RNS
    London Stock Exchange
    10 Paternoster Square
    London EC4M 7LS


    Date:    6 November 2008


    BETA FINANCE CORPORATION


    Beta Finance Corporation ("Beta") has removed the credit rating trigger for Enforcement from its structure by way of an amendment to the
definition of Enforcement Event (pursuant to the terms of Beta's structural documentation).

    This trigger was originally designed to put Beta into Enforcement in the event that Beta's senior debt programmes were no longer rated
investment grade. 

    The other Enforcement Event triggers currently in Beta's structure, including insolvency, are unaffected and remain in place.



    Citibank International plc
    (as Investment Manager and Group Funding Manager of Beta Finance Corporation)


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCFGMGMKVNGRZM

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