Southern PacSec 04-2 Redemption Notice

 
TIDM52LJ 
 
REDEMPTION NOTICE 
 
                     SOUTHERN PACIFIC SECURITIES 04-2 PLC 
 
                   Notice to the holders of all outstanding 
 
      EUR100,000,000 Class A1a Mortgage Backed Floating Rate Notes due 2025 
 
                          Issue Price: 100 per cent. 
 
    U.S.$100,000,000 Class A1b Mortgage Backed Floating Rate Notes due 2025 
 
                          Issue Price: 100 per cent. 
 
      GBP180,900,000 Class A1c Mortgage Backed Floating Rate Notes due 2025 
 
                          Issue Price: 100 per cent. 
 
      EUR100,000,000 Class A2a Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
      GBP235,200,000 Class A2c Mortgage Backed Floating Rate Notes due 2042 
 
  (with Class A2c Detachable Coupons) Issue Price: 100 per cent. plus premium 
 
    U.S.$22,500,000 Class B1b Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
      GBP31,600,000 Class B1c Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
       EUR5,000,000 Class C1a Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
      GBP19,400,000 Class C1c Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
       EUR5,000,000 Class D1a Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
      GBP19,400,000 Class D1c Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
        GBP7,000,000 Class E Mortgage Backed Floating Rate Notes due 2042 
 
                          Issue Price: 100 per cent. 
 
                            (together the "Notes") 
 
         issued by Southern Pacific Securities 04-2 PLC (the "Issuer") 
 
The Issuer refers to its notice dated 9 February 2018 (the "Issuer's Notice"). 
 
NOTICE IS HEREBY GIVEN to the Noteholders that in accordance with the Issuer's 
notice to Noteholders of its intention to redeem the Notes pursuant to 
Condition 5(d) (Early Redemption), as set out in the Issuer's Notice, the 
Issuer has redeemed the Notes in full at their Sterling Equivalent Principal 
Amount Outstanding including all accrued but unpaid interest on 12 March 2018. 
 Accordingly, the listing of the Notes on the Official List of the FCA and the 
admission of the Notes to trading on the Regulated Market of the London Stock 
Exchange plc will be cancelled on, or shortly after, 13 March 2018. 
 
Noteholders who have queries in relation to the above matters should contact 
the Directors of Southern Pacific Securities 04-2 PLC, 6th Floor, 65 Gresham 
Street, London EC2V 7NQ; email: [e-mail]; attn.: The 
Directors for further information. 
 
Defined terms used in this notice will have the meaning given to them in the 
prospectus of the Issuer dated 29 July 2004. 
 
13 March 2018 
 
 
                                                           for and on behalf of 
                                           Southern Pacific Securities 04-2 PLC 
 
 
 
END 
 

(END) Dow Jones Newswires

March 13, 2018 12:51 ET (16:51 GMT)