Source - RNS
RNS Number : 1367M
Castilla Finance DAC
10 October 2016

Castilla Finance Designated Activity Company

Fourth Floor

3 George's Dock


Dublin 1

(a private company incorporated with limited liability

under the laws of Ireland with registered number 578174) (the "Issuer")


Notice of Written Resolution of the Majority Noteholders


To the holders of:

EUR 120,000,000 notes due 2018 (ISIN: XS1382379409) (the "Notes") of the Issuer


NOTICE IS HEREBY GIVEN that, a written resolution signed by Noteholders holding 93.3% of the Principal Amount Outstanding of the Notes held by Noteholders was passed on 5 October 2016 (the "Written Resolution") in relation to the Waiver (as defined below). On the basis of the Written Resolution, the Issuer has agreed to waive the restriction set out in the definition of the "Offer Date" (the "Waiver") and approved a maximum of two sales of the Receivables by the Seller during the period between the end of the Collection Period which ended on 30 September 2016 and the Interest Payment Date falling on 17 October 2016, as if the restriction in the definition of the "Offer Date" that the Offer Date cannot fall on a Reconciliation Date falling during the period from the end of a Collection Period and the Interest Payment Date falling immediately after such Collection Period did not apply, provided that the first such sale may occur on any date between 4 October 2016 and 7 October 2016 (inclusive) and the second sale date shall occur on or about 10 October 2016, but in any event before 14 October 2016.

A copy of the Written Resolution may be obtained from the Paying Agent (for the attention of Andrea Meucci:  tel:  +44 207 508-3814 / fax:  +44 20 7500 5877 and Stuart Hoare: tel:  +44 20 7500 5309 / fax: +44 20 7500 5877).

Defined terms used and not otherwise defined herein have the meaning ascribed to them in the Conditions of the Notes.

Further Information

For queries relating to the above please contact:

[email protected]

This Notice is issued by:

Castilla Finance Designated Activity Company

10 October 2016


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