Application of Discount Percentage (3101X)
February 13 2012 - 7:03AM
UK Regulatory
TIDM81CL
RNS Number : 3101X
Chester Asset Recs Deals 2004-1 PLC
13 February 2012
Chester Asset Receivables Dealings 2004-1 Plc
(Company No. 05018927)
Registered Address
c/o Wilmington Trust, SP Services (London) Limited
Fifth Floor 6 Broad Street Place
London
EC2M 7JH
Relevant Series:
Series UK2004-1 GBP440,000,000 Class A Asset Backed Floating
Rate Notes scheduled to be redeemed in 2014
Series UK2004-1 GBP25,000,000 Class B Asset Backed Floating Rate
Notes scheduled to be redeemed in 2014
Series UK2004-1 GBP35,000,000 Class C Asset Backed Floating Rate
Notes scheduled to be redeemed in 2014
Notification of Application of Discount Percentage
Date: 13 February 2012
We have become aware that MBNA Europe Bank Limited as Transferor
has nominated a Discount Percentage to apply to Principal
Receivables assigned to the Receivables Trustee (and including) 1
February 2012 to (and including) 31 July 2012. The nominated
Discount Percentage is 5% reduced by 1% per Monthly Period
commencing on the Monthly Period starting on 1 April 2012. MBNA
Europe Bank Limited has informed us that the nomination of the
Discount Percentage supersedes any previous discount percentages
nominated in respect of such period. The assignment at a discount
is expected to increase finance charge collections in UK
Receivables Trust II and thereby increase the amount of yield
available to existing issuances under UK Receivables Trust II.
The Servicer has informed us that details of the Discount
Percentage applicable to the assignment of Principal Receivables
and to Principal Collections for any given Monthly Period can be
obtained from the relevant Monthly Servicer's Report.
For further information, please contact: The Directors Tel: 020
7614 1111
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBKNDKBBKDDBD
Rep Belarus 26r (LSE:81CL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Rep Belarus 26r (LSE:81CL)
Historical Stock Chart
From Jul 2023 to Jul 2024