Source - RNS
RNS Number : 0477M
Atrium VIII
07 October 2016
 

Corporate Trust Services

9062 Old Annapolis Road

Columbia, MD 21045-1951

MAC: R1204-010


 

NOTICE OF OPTIONAL REDEMPTION BY REFINANCING

 

ATRIUM VIII

ATRIUM VIII, LLC

 

October 7, 2016

To:       The Parties Listed on Schedule I hereto.

Ladies and Gentlemen:

 

Reference is made to that certain Indenture dated as of October 23, 2012 (as amended, modified or supplemented, the "Indenture") among ATRIUM VIII, as Issuer (the "Issuer"), ATRIUM VIII, LLC, as Co-Issuer (the "Co‑Issuer," and together with the Issuer, the "Co-Issuers"), and WELLS FARGO BANK, N.A., as trustee (the "Trustee").  Capitalized terms used herein without definition shall have the meanings given to such terms in the Indenture.

 

I.          Notice to Nominees and Custodians.

 

If you act as or hold Notes as a nominee or custodian for or on behalf of other persons, please transmit this notice immediately to the beneficial owner of such Notes or such other representative who is authorized to take actions.  Your failure to act promptly in compliance with this paragraph may impair the chance of the beneficial owners on whose behalf you act to take any appropriate actions concerning the matters described in this notice.

 

II.        Notice of Optional Redemption by Refinancing.

 

             Pursuant to Section 9.2 of the Indenture, a Majority of the Subordinated Notes directed the Co-Issuers to redeem the Secured Notes, in whole but not in part, from Refinancing Proceeds.  In accordance with Section 9.4 of the Indenture and at the direction of the Issuer, the Trustee hereby provides notice of the following information relating to the Optional Redemption by Refinancing:

 

            All of the Secured Notes will be redeemed in full, and interest on such Secured Notes shall cease to accrue on the Redemption Date.  The Subordinated Notes will not be redeemed on the Redemption Date.

            The Redemption Date will be October 24, 2016.

            The Redemption Price of the Secured Notes shall be:

            for the Class A-1 Notes - U.S. $299,645,535.31  (which is an amount equal to 100% of the Aggregate Outstanding Amount thereof plus accrued and unpaid interest thereon, to the Redemption Date);

            for the Class A-2 Notes - U.S. $20,125,000.00  (which is an amount equal to 100% of the Aggregate Outstanding Amount thereof plus accrued and unpaid interest thereon, to the Redemption Date);

            for the Class B Notes - U.S. $53,430,653.71  (which is an amount equal to 100% of the Aggregate Outstanding Amount thereof plus accrued and unpaid interest thereon, to the Redemption Date;

            for the Class C Notes - U.S. $42,420,897.75  (which is an amount equal to 100% of the Aggregate Outstanding Amount thereof plus accrued and unpaid interest thereon, to the Redemption Date);

            for the Class D Notes - U.S. $26,342,708.53  (which is an amount equal to 100% of the Aggregate Outstanding Amount thereof plus accrued and unpaid interest thereon, to the Redemption Date); and

            for the Class E Notes - U.S. $21,356,428.04  (which is an amount equal to 100% of the Aggregate Outstanding Amount thereof plus accrued and unpaid interest thereon, to the Redemption Date).

            Payment of the Redemption Price on the Secured Notes to be redeemed will be made only upon presentation and surrender of such Notes at the offices of the Trustee.  To surrender Notes, please present and surrender the Notes to one of the following places by one of the following methods:

By Mail or Courier Service:

Wells Fargo Bank, N.A.

Corporate Trust Operations

MAC N9300-070

600 South Fourth Street

Minneapolis, MN 55479

By Registered or Certified Mail:

Wells Fargo Bank, N.A.

Corporate Trust Operations

MAC N9300-070

P.O. Box 1517

Minneapolis, MN 55480-1517

 

 

            Under the provisions of the Tax Equity and Fiscal Responsibility Act of 1982, as amended in 1992, 2001 and most recently, the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "Act"), the Paying Agent making payment of interest or principal on securities may be obligated to withhold a percentage of the principal of a holder who has failed to furnish the Registrar with a valid taxpayer identification number, certification that the number supplied is correct, and that the holder is not subject to backup withholding under the Act.  Holders of the Notes who wish to avoid the application of these provisions should submit either a completed IRS (Internal Revenue Service) form W-9 (use only if the holder is a U.S. person, including a resident alien), or the appropriate form W-8 (use only if you are neither a U.S. person or a resident alien), when presenting the Notes for payment.  See IRS Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities.  Publication 515, W-8 forms and W-9 forms and instructions are available through the IRS via their web site at www.irs.gov.

 



            All questions should be directed to the attention of Melissa Tran by telephone at (713) 243-4052, by e-mail at [email protected], by facsimile at (713) 243-4143, or by mail addressed to Wells Fargo Bank, National Association, Collateralized Debt Obligations, Attn.: Melissa Tran, MAC T0149-051, 12200 Northwest Freeway, 5th Floor, Houston, TX 77092.  The Trustee may conclude that a specific response to particular inquiries from individual Holders is not consistent with equal and full dissemination of material information to all Holders.  Holders of Notes should not rely on the Trustee as their sole source of information.  The Trustee does not make recommendations or give investment advice herein or as to the Notes generally. 

 

                                                                                    WELLS FARGO BANK, N.A., as Trustee



 

Schedule I

 

Addressees

 

Holders of Notes:* 04964HAA6, 04964HAJ7, 04964HAC2, 04964HAE8, 04964HAG3, 04964JAA2, 04964JAC8, 04964JAD6, G0621JAC4, G0621JAD2, G06209AA1

 

Issuer:

Atrium VIII

c/o Estera Trust (Cayman) Limited

Clifton House, 75 Fort Street

George Town, Grand Cayman

KY1-1108, Cayman Islands

 

Co-Issuer:      

Atrium VIII LLC

c/o Puglisi & Associates

850 Library Avenue, Suite 204

Newark, Delaware 19711

Attn: Donald J. Puglisi

 

Portfolio Manager:    

Credit Suisse Asset Management, LLC

One Madison Avenue

New York, New York 10010

Attn: John G. Popp

[email protected]

 

Collateral Administrator/Information Agent:

Wells Fargo Bank, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

 

Rating Agencies:

Standard & Poor's:

E-mail: [email protected]

Moody's:

Email:  [email protected]

 



Irish Stock Exchange:

28 Anglesea Street

Dublin 2, Ireland

 

Irish Listing Agent:

McCann FitzGerald Listing Services Limited

Riverside One

Sir John Rogerson's Quay

Dublin 2, Ireland

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

 



*  The Trustee shall not be responsible for the use of the CUSIP, CINS, ISIN or Common Code numbers selected, nor is any representation made as to their correctness indicated in the notice or as printed on any Security. The numbers are included solely for the convenience of the Holders. 


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