Source - RNS
RNS Number : 1854J
HHT Plc
07 September 2016
 

Company Name:              HHT PLC

Headline:                            Notification of Rate of Interest, Payable Interest Amount and Capitalised Interest Amount

HHT PLC Company Announcement 7th September 2016

£532,000,000 Inflation Linked Guaranteed Secured Bonds due 2051 (ISIN: XS1103916505)

£266,000,000 Inflation Linked Guaranteed Secured Bonds due 2082 (ISIN: XS1103918204)

Interest Payment Date

30/09/2016

Rate of Interest


Interest on 2051 Bonds

1.50%

(Payable) Interest on 2082 Bonds

0.75%

(Capitalised) Interest on 2082 Bonds

1.75%

LPI Index(t)

 1.0277


 

Rate of Interest on 2051 Bonds

1.54%

Rate of (Payable) Interest on 2082 Bonds

0.77%


 

Payable Interest Amount (per £100,000 nominal bond)

 

2051 Payable Interest Amount

£748.00

2082 Payable Interest Amount

£397.08



Instalment Amount (per £100,000 nominal bond)


2051 Instalment Amount

£856.45

2082 Instalment Amount

£0.00

 

Accreted Notional Amount in Period (per £100,000 nominal bond)


2051 Accreted Notional Amount

£947.67

2082 Capitalised Interest Amount

£926.51

2082 Accreted Notional Amount

£1,006.15

 

Since the last Interest Payment Date, HHT Plc has sold £20,000,000 of Retained 2051 Bonds and £10,000,000 of Retained 2082 Bonds and on-lent the proceeds to the Guarantor to fund its ongoing property acquisitions.

In the period the Guarantor completed the acquisition of 127 shared ownership units from developers and 31 individual transactions under the YourHome direct to consumer product.  It has also exchanged on a further 82 properties and has offered on over 600 properties.

 

Enquiries to: [email protected]

 

 

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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