Source - RNS
RNS Number : 1094K
Taberna Europe CDO II P.L.C.
16 September 2016
 

Company name:                 Taberna Europe CDO II p.l.c.

Headline:                           Legal proceedings

16  September 2016

TABERNA EUROPE CDO II P.L.C.

(the "Issuer")

 

(Incorporated in Ireland)

 

NOTICE OF LEGAL PROCEEDINGS

 

€588,000,000 Class A1 Senior Floating Rate Notes due 2038
€95,000,000 Class A2 Senior Floating Rate Notes due 2038
€69,000,000 Class B Senior Deferrable Floating Rate Notes due 2038
€26,000,000 Class C1 Senior Subordinated Deferrable Floating Rate Notes due 2038
€10,000,000 Class C2 Senior Subordinated Deferrable Floating Rate Notes due 2038
€32,250,000 Class D Senior Subordinated Deferrable Floating Rate Notes due 2038
€37,000,000 Class E Senior Subordinated Deferrable Floating Rate Notes due 2038
€42,750,000 Class F Subordinated Notes due 2038

(together, the "Notes")

 

The Issuer  refers to the announcements dated 19 February 2016, 8 April 2016 and 17 May 2016  relating to claim number FL-2015-000007 brought in the English Commercial Court (Financial List) by Citicorp Trustee Company Limited  (the "Trustee") against the Issuer,  Barclays Bank plc and Taberna European Capital Management LLC (the "Collateral Manager").

 

The Issuer hereby announces that on 2 June 2016 the Issuer and the Collateral Manager filed Appellant's Notices seeking permission to appeal with the Court Of Appeal (with reference A3/2016/2249 / A3/2016/2250 / A3/2016/2254 and A3/2016/2255.). 

 

On 1 August 2016, the Court of Appeal gave permission for the appeal to be heard.  The Court of Appeal subsequently confirmed on 25 August 2016 that the appeals will be heard in a hearing window of 21 - 22 June 2017 with a time estimate of 1 day. 

For further information please contact:

The Directors

TABERNA EUROPE CDO II P.L.C.

Pinnacle 2

Eastpoint Business Park

Dublin 3

Ireland

 

 

 

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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