Redemption of Notes
September 29 2004 - 10:45AM
UK Regulatory
RNS Number:4863D
Alehouse Finance PLC
29 September 2004
ALEHOUSE FINANCE PLC
Proposals for: (i) the redemption of the #74,500,000 Class A1 Secured Floating
Rate Notes due 2028 (the "Class A1 Notes"), the #127,500,000 Class A2 7.685 per
cent. Secured Fixed Rate Notes due 2026 (the "Class A2 Notes"), and the
#67,500,000 Class B Secured Floating Rate Notes due 2031 (the "Class B Notes")
issued by ALEHOUSE FINANCE PLC (together the "Notes"); and (ii) the modification
of redemption and other provisions of the Class A2 Notes; and Notice of Meeting
of Class A2 Noteholders to be held on Thursday 21st October, 2004
A meeting (the "Meeting") of the holders (the "Class A2 Noteholders") of the
Class A2 Notes issued by Alehouse Finance PLC (the "Issuer") has been convened
for the purpose of considering and, if thought fit, passing an extraordinary
resolution (the "Resolution") relating to the price payable on the optional
redemption of the Class A2 Notes. The Meeting will be held at One Bunhill Row,
London EC1Y 8YY on 21st October, 2004 at 9:30 a.m.
Further information concerning the Resolution is contained in the Circular to
the Class A2 Noteholders dated 29th September, 2004 copies of which are
available from the offices of JP Morgan Chase Bank at Trinity Tower, 9 Thomas
More Street, London E1W 1YT and from the offices of Slaughter and May, One
Bunhill Row, London EC1Y 8YY, in each case between 9:00 a.m. and 5:00 p.m. on
any weekday (public holidays excepted).
The current nominal value of the outstanding Class A2 Notes is #102,250,000.
The Class A1 Notes and the Class B Notes can be redeemed at the Issuer's option
on any interest payment date currently at an amount equal to 101.5% of their
nominal amount. If the Meeting is quorate and the Resolution is passed and
becomes unconditional, the Class A2 Notes will be redeemed in full on 26th
October, 2004; and the Class A1 Notes and the Class B Notes will be redeemed in
full on 22nd November, 2004. If the Meeting is inquorate, the Meeting will be
adjourned until such date, not less than 14 days nor more than 42 days later, as
the chairman of the Meeting may decide. If the adjourned meeting is quorate and
the Resolution is passed and becomes unconditional, the Class A2 Notes will be
redeemed in full on 29th December, 2004; and the Class A1 Notes and the Class B
Notes will be redeemed in full on 21st February, 2005 (this being the next
interest payment date after the 22nd November, 2004).
Principal Paying Agent Note Trustee
JP Morgan Chase Bank JP Morgan Chase Bank
Trinity Tower Trinity Tower
9 Thomas More Street 9 Thomas More Street
London E1W 1YT London E1W 1YT
This information is provided by RNS
The company news service from the London Stock Exchange
END
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