RNS Number : 5778R
Single Platform Invst Rpckg Ety SA
30 June 2020
Dated: 30 June 2020
Single Platform Investment Repackaging Entity SA, acting in respect of its Compartment 2019-06 (the "Issuer")
Secured Note Programme in respect of
the Series 2019-06 USD 20,000,000 Credit-linked Notes due 2023 (XS1944296901) (the "Notes")
IMPORTANT NOTICE TO NOTEHOLDERS
Capitalised terms used herein and not specifically defined will bear the same meanings as in the Deed of Amendment (as defined below).
The Issuer issued the Notes under the terms of the Pricing Terms dated 7 February 2019.
The Issuer hereby publishes notice that, on 30 June 2020, amendments were made to the Credit Default Swap Confirmation documenting the terms of the Credit Default Swap. These amendments were approved by an extraordinary resolution of the Noteholders given by way of electronic consents communicated through the electronic communications systems of the relevant clearing system(s) in accordance with their operating rules and procedures.
The amendments were effected by a deed of amendment dated 30 June 2020 (the "Deed of Amendment") and entered into between, amongst others, the Issuer and the Trustee. Pursuant to the Deed of Amendment:
(i) the Credit Default Swap Confirmation documenting the terms of the Credit Default Swap was amended by deleting the words "the 2014 ISDA Credit Derivatives Definitions (the "Credit Derivatives Definitions"), as published by the International Swaps and Derivatives Association, Inc. ("ISDA")" and replacing them with the words "the 2014 ISDA Credit Derivatives Definitions, as published by the International Swaps and Derivatives Association, Inc. ("ISDA") and supplemented by the 2019 Narrowly Tailored Credit Event Supplement published by ISDA on 15 July 2019 (together, the "Credit Derivatives Definitions")"; and
(ii) for the avoidance of doubt, all references to the defined term "Credit Derivatives Definitions" in the Credit Default Swap Confirmation documenting the terms of the Credit Default Swap shall be construed accordingly.
Copies of the Deed of Amendment are available at the registered office of the Issuer and the Dealer.
This notice is given by the Issuer.
For further information contact:
Single Platform Investment Repackaging Entity SA
Tel: +352 27 61 62 1
Fax: +352 27 61 62 2
This announcement has been issued through the Companies Announcement Service of Euronext Dublin.
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(END) Dow Jones Newswires
June 30, 2020 09:54 ET (13:54 GMT)