Last checked at 21 Dec 2020 16:47
21 December 2020
The Housing Finance Corporation Limited
Partial early redemption of 9.625% Debenture Stock 2025
ISIN GB0004398425
To the holders of 9.625% Debenture Stock 2025 (the "Stock") constituted and secured pursuant to the Trust Deed dated 4 July 1995 between (1) THFC and (2) The Law Debenture Trust Corporation p.l.c. and deeds supplemental thereto (the "Trust Deed")
Following a Borrower’s Optional Redemption, £2,000,000 of the Outstanding Principal Amount of the Stock, representing approximately 4% of the Stock in issue will be redeemed on 4 January 2021 (the redemption date) by way of an early redemption at a price of £143.913 per £100 of the Outstanding Principal Amount of the Stock being redeemed together with interest accrued but unpaid. This price has been calculated in accordance with condition 3 (1) of the conditions applicable to the Stock and in accordance with the provisions of the Trust Deeds.
In accordance with condition 2 (4) of the conditions applicable to the Stock, the redemption will be effected pro rata to holdings of Stock on the Register at the close of business on 14 December 2020.
Payments of redemption monies are expected to be effected by cheque on or around 4 January 2021.
Any stock certificates for the balance of the holding will be distributed to stockholders within 10 business days of the redemption date, updated to reflect the early redemption as set out in this notification. Original certificate(s) will have no further value and should be destroyed or returned to the Registrar, Link Group, 34 Beckenham Road, Beckenham, BR3 4TU, for destruction.
LEI: 213800C5UBBTGH5RTF22
For further information, please contact:
THFC Details: | Registrar Details: |
3rd Floor 17 St. Swithin’s Lane London EC4N 8AL
| Link Group 34 Beckenham Road Beckenham Kent BR3 4TU |
Telephone: +44 (0)207 337 9920 | Telephone: +44 (0) 371 664 0321 |
Calls to Link Group are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The helpline is open between 9.00 am – 5.30 pm, Monday to Friday excluding public holidays in England and Wales. Please note that Link Group cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes. | |
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