THIS NOTICE IS IMPORTANT AND
REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF
NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE,
THEY SHOULD SEEK THEIR OWN FINANCIAL, LEGAL OR OTHER PROFESSIONAL
ADVICE, INCLUDING AS TO ANY TAX CONSEQUENCES, IMMEDIATELY FROM
THEIR STOCKBROKER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT
FINANCIAL, LEGAL OR OTHER PROFESSIONAL ADVISER
If you have
recently sold or otherwise transferred your entire holding(s) of
the Notes referred to below, you should immediately forward this
document to the purchaser or transferee or to the broker, bank or
other agent through whom the sale or transfer was effected for
transmission to the purchaser or transferee.
NOTICE TO
NOTEHOLDERS
To the holders of
the £192,270,000 8.25 per cent. Secured Loan-Backed Notes due
June 2027 ISIN: XS0073407537
(the “Notes”)
issued by Housing
Association Funding PLC
(the “Issuer”)
Regulation (EU) No 596/2014 of the European Parliament and of
the Council of 16 April 2014 (Market
Abuse Regulation) requires disclosure by or on behalf of the Issuer
of any inside information concerning the Issuer.
Capitalised terms used but not otherwise defined herein shall
have the meanings ascribed to them in the master schedule of
definitions, interpretation and construction clauses dated
23 January 1997, as amended and
restated on 30 January 1998, as
amended and restated on 23 December
1999, as amended and restated on 29
June 2005, as amended and restated on 7 December 2009, as amended and restated on
11 February 2010 and as further
amended and restated on 31 January
2017.
Full Redemption occurring on the
December 2021 IPD
We refer to the notice of the Issuer dated 6 December 2021 in which the Issuer informed
Noteholders that it received funds from A2 Dominion South Limited
(formerly known as Airways Housing Society Limited) (“A2
Dominion South Limited”) in relation to the prepayment of
its loan.
Pursuant to the Supplemental Trust Deed, the amount of the
prepayment was, as is required, applied to redeem the Notes and pay
Noteholders on the Interest Payment Date (as defined in the Trust
Deed) falling in December 2021 (the
“December 2021 IPD”) in
accordance with the terms of the Transaction Documents as follows
(the “December 2021
Redemption”):
- £3,197,852.38 was applied to redeem the Notes.
- £131,911.41 was applied in payment of interest due and payable
in respect of the Notes.
- £709,417.35 was applied in payment of the Prepayment Premium;
and
- £46,544.32 was or will be applied in repayment of outstanding
fees, costs and expenses incurred by the transaction parties;
The Issuer wishes to inform Noteholders that these amounts are
in addition to other scheduled payments made on the December 2021 IPD and further information
regarding the future amortisation of the Notes will be published in
due in course.
Queries may be addressed to the Issuer
as follows:
Housing Association Funding PLC:
Address: Bastion
House, 6th Floor, 140 London Wall, London, England, EC2Y 5DN
Attention: The
Directors
Telephone: +44
203 994 7157
Email: spvservices@apexfs.com
HOUSING ASSOCIATION FUNDING PLC
7 February 2022