Silverstone Master Issuer PLC Publication of Supplementary Prospectus (8696X)
December 23 2019 - 8:57AM
UK Regulatory
TIDM11SF
RNS Number : 8696X
Silverstone Master Issuer PLC
23 December 2019
THIS NOTICE IS IMPORTANT AND
REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS.
SILVERSTONE MASTER ISSUER PLC
(incorporated in England and Wales with limited liability with
registered number 06612744)
(the Issuer)
GBP35,000,000,000 RESIDENTIAL MORTGAGE-BACKED NOTE ISSUANCE
PROGRAMME
23 December 2019
NOTICE TO NOTEHOLDERS
NOTICE IS HEREBY GIVEN THAT on 23 December 2019 the Issuer made
certain amendments to each Issuer Currency Swap Agreement, the
Funding 1 Currency Swap Agreement, the Funding 1 Bank Account
Agreement, the Issuer Bank Account Agreement, and the Mortgages
Trustee Bank Account Agreement (the "Amendments"), in each case to
comply with, implement and/or reflect (as applicable) updates to
the applicable rating criteria of Fitch (which were updated on 1
August 2018), Moody's (which were updated on 29 January 2019) and
S&P (which were updated on 8 March 2019) in respect of the
Mortgages trustee account bank, the Funding 1 account bank, the
Issuer account bank, the Funding 1 swap provider, and the Issuer
swap provider. The Amendments include, among other things, updating
(i) the S&P ratings triggers framework with respect to the
replacement of the Funding 1 swap provider and/or the Issuer swap
provider and (ii) the Fitch and Moody's deposit ratings triggers
and the Fitch, Moody's and S&P time periods with respect to
replacement of the Mortgages trustee account bank, the Funding 1
account bank, and/or the Issuer account bank (as applicable).
To view the full document, please paste the following URL into
the address bar of your browser.
http://www.rns-pdf.londonstockexchange.com/rns/8696X_1-2019-12-23.pdf
A copy of the above Supplementary Prospectus has been submitted
to the National Storage Mechanism and will shortly be available for
inspection at:
http://www.morningstar.co.uk/uk/NSM
For further information, please contact:
Silverstone Master Issuer PLC
c/o Wilmington Trust SP Services (London) Limited
Third Floor
1 King's Arms Yard
London
EC2R 7AF
Telephone: +44 (0) 20 7397 3600
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in this announcement
may be addressed to and/or targeted at persons who are residents of
particular countries (specified in the Prospectus) only and is not
intended for use and should not be relied upon by any person
outside these countries and/or to whom the offer contained in the
Prospectus is not addressed. The distribution of this announcement
in certain jurisdictions may be restricted by law and persons into
whose possession this announcement comes are requested to inform
themselves about, and to observe, any such restrictions. Prior to
relying on the information contained in the Prospectus you must
ascertain from the Prospectus whether or not you are part of the
intended addressees of the information contained therein.
Your right to access this service is conditional upon complying
with the above requirement.
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
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