Notice of Discounting

 

TIDM81CL 
 
RNS Number : 6675O 
Chester Asset Recs Deals 2004-1 PLC 
01 July 2010 
 
                  Chester Asset Receivables Dealings 2004-1 Plc 
                             (Company No. 05018927) 
 
                               Registered Address 
               c/o Wilmington Trust, SP Services (London) Limited 
                        Fifth Floor 6 Broad Street Place 
                                     London 
                                    EC2M 7JH 
 
Relevant Series: 
 
 Series UK2004-1 GBP440,000,000 Class A Asset Backed Floating Rate Notes 
scheduled to be redeemed in 2014 
Series UK2004-1 GBP25,000,000 Class B Asset Backed Floating Rate Notes scheduled 
to be redeemed in 2014 
Series UK2004-1 GBP35,000,000 Class C Asset Backed Floating Rate Notes scheduled 
to be redeemed in 2014 
 
Notification of Application of Discount Percentage 
Date: 1 July 2010 
We have become aware that MBNA Europe Bank Limited as Transferor has nominated a 
Discount Percentage to apply to Principal Receivables assigned to the 
Receivables Trustee from (and including) 1 July 2010 to (and including) 30 April 
2011. The nominated Discount Percentage is 5% reduced by 1% per Monthly Period 
commencing on the Monthly Period starting on 1 January 2011. MBNA Europe Bank 
Limited has informed us that the nomination of the Discount Percentage 
supersedes any previous discount percentages nominated. The assignment at a 
discount is expected to increase finance charge collections in UK Receivables 
Trust II and thereby increase the amount of yield available to existing 
issuances under UK Receivables Trust II. 
The Servicer has informed us that details of the Discount Percentage applicable 
to the assignment of Principal Receivables and to Principal Collections for any 
given Monthly Period can be obtained from the relevant Monthly Servicer's 
Report. 
 
For further information, please contact: 
The Directors 
 Tel: [phone] 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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