Coventry Building Society Updates to Covered Bond programme re: Libor (3406A)
September 28 2020 - 10:58AM
UK Regulatory
TIDMCVBP
RNS Number : 3406A
Coventry Building Society
28 September 2020
COVENTRY BUILDING SOCIETY
EUR7,000,000,000 Global Covered Bond Programme
unconditionally and irrevocably guaranteed as to payments of
interest and principal by
Coventry Building Society Covered Bonds LLP
(a limited liability partnership incorporated in England and
Wales)
(the Programme)
Transition of the Programme from LIBOR to SONIA
Certain amendments have been made to the Programme to
accommodate the phasing out of LIBOR by December 2021 and the
transition of the Programme to a SONIA benchmark. The Cash
Management Agreement, Interest Rate Swap Agreement, Master
Definitions and Construction Agreement, Mortgage Sale Agreement and
Servicing Agreement (together, the Amended Transaction Documents)
have all been amended and restated by the parties thereto in order
to incorporate such amendments.
Copies of the Amended Transaction Documents are available for
inspection will be available for inspection during normal business
hours at the registered office for the time being of the Bond
Trustee being at the Programme Date at 8 Canada Square, London E14
5HQ and at the specified office of each of the Paying Agents or can
be viewed online at
https://www.coventrybuildingsociety.co.uk/consumer/our-performance/treasury-services/covered-bonds.htm
l in due course.
For further information, please contact
Thomas Crane
General Counsel and Secretary
Coventry Building Society
Telephone: 02476 435506
DISCLAIMER - INTENDED ADDRESSEES
This announcement is a communication to the market. Nothing in
this announcement constitutes an offer of securities for sale in
the United States or any other jurisdiction. This announcement does
not constitute a prospectus or a prospectus equivalent
document.
This announcement has been delivered to you on the basis that
you are a person into whose possession this announcement may be
lawfully delivered in accordance with the laws of the jurisdiction
in which you are located and you may not, nor are you authorised
to, deliver this announcement to any other person. The distribution
of this announcement in jurisdictions other than the United Kingdom
may be restricted by law and therefore persons into whose
possession this announcement comes should inform themselves about,
and observe, such restrictions. Any failure to comply with the
restrictions may constitute a violation of the securities laws of
any such jurisdiction.
Likewise, the information contained in the offering circular
relating to the Programme (the Offering Circular) may be addressed
to and/or targeted at persons who are residents of particular
countries specified in the Offering Circular 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
Offering Circular is not addressed. Prior to relying on the
information contained in the Circular 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.
Legal Entity Identifier
Coventry Building Society - 2138004G59FXEAZ6IO10
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCSEUFLAESSELU
(END) Dow Jones Newswires
September 28, 2020 10:58 ET (14:58 GMT)
Coventry Bs12e% (LSE:CVBP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Coventry Bs12e% (LSE:CVBP)
Historical Stock Chart
From Dec 2023 to Dec 2024
