Provident Financial PLC Statement re Notice of Accession of Guarantor (8168K)
January 07 2021 - 1:00AM
UK Regulatory
TIDMPFG
RNS Number : 8168K
Provident Financial PLC
07 January 2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
7 January 2021
NOTICE OF ACCESSION OF GUARANTOR
PROVIDENT FINANCIAL PLC
GBP250,000,000 7.000 per cent. Guaranteed Notes due 2023 (ISIN:
XS1827005411) GBP60,000,000 5.125 per cent. Guaranteed Notes due
2023 (ISIN: XS1209091856) GBP65,000,000 6.000 per cent. Guaranteed
Notes due 2021 (ISIN: XS0900863084)
(together, the "Notes")
issued under the GBP2,000,000,000 Guaranteed Euro Medium Term
Note Programme (the "Programme")
This notice relates to changes to the guarantors of the Notes,
which otherwise remain unaffected.
This notice is in respect of the Notes constituted by (i) the
trust deed dated 16 May 2018, the trust deed dated 16 March 2015,
in each case, as supplemented, amended and/or restated from time to
time (the "Prudential Trust Deeds") and made between, amongst
others, the Issuer, the Initial Guarantors and Prudential Trustee
Company Limited as trustee and (ii) the trust deed dated 7 March
2013, as supplemented, amended and/or restated from time to time,
and made between, amongst others, the Issuer, the Initial
Guarantors and Deutsche Trustee Company Limited as trustee (the
"Deutsche Trust Deed" and, together with the Prudential Trust
Deeds, the "Trust Deeds"). All words and expressions defined in the
relevant Trust Deed shall (save as otherwise provided herein or
unless the context otherwise requires) have the same meanings
herein.
In accordance with the provisions of the relevant Trust Deed,
Provident Financial Holdings No. 2 (the "Acceding Guarantor")
assumed the obligations as Guarantor in respect of the Notes and is
a Guarantor of the Notes with effect from 29 December 2020 (the
"Accession"). The Acceding Guarantor is in the process of
re-registering from an unlimited company to a private limited
company and is intending to apply to Companies House to change its
name to "Provident Financial Holdings Limited" following such
re-registration.
To record the Accession, the relevant parties have entered into
a supplemental trust deed dated 29 December 2020 in respect of the
Prudential Trust Deeds and a supplemental trust deed dated 29
December 2020 in respect of the Deutsche Trust Deed (together, the
"Supplemental Trust Deeds").
Copies of the Supplemental Trust Deeds are available for
inspection during normal business hours at the registered office of
the Issuer or by email request to Prudential Trustee Company
Limited (at trustees@mandg.co.uk) and Deutsche Trustee Company
Limited (at tss-gds.eur@db.com).
Enquiries:
Owen Jones
Head of Investor Relations
07341 007842
owen.jones@providentfinancial.com
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
STRSSIFLMEFSEDF
(END) Dow Jones Newswires
January 07, 2021 02:00 ET (07:00 GMT)
Provident Financial (LSE:PFG)
Historical Stock Chart
From Apr 2024 to May 2024
Provident Financial (LSE:PFG)
Historical Stock Chart
From May 2023 to May 2024