Single Platform Invst Rpckg Ety SA IMPORTANT NOTICE TO NOTEHOLDERS

Date : 30/06/2020 @ 14:54
Source : UK Regulatory (RNS & others)

Single Platform Invst Rpckg Ety SA IMPORTANT NOTICE TO NOTEHOLDERS

TIDMIRSH

RNS Number : 5778R

Single Platform Invst Rpckg Ety SA

30 June 2020

Dated: 30 June 2020

ANNOUNCEMENT

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 
   Email:             SPIRE@sannegroup.com 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ISEURVORRAUNOAR

(END) Dow Jones Newswires

June 30, 2020 09:54 ET (13:54 GMT)

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