Source - RNS
RNS Number : 5021M
ELM BV
13 October 2016
 

13 October 2016

ELM B.V. Series 79 EUR 22,500,000 Leveraged Asset Backed Securities due 2026 (ISIN: XS0259538600) (the "Notes")

NOTICE OF INTEREST AMOUNT

Notice is hereby given to Noteholders that in respect of the Interest Period from and including 14 July 2016 to and excluding 14 October 2016 (being the "Relevant Interest Period"):

1.         the Aggregate Nominal Amount as of the last day of the Relevant Interest Period was €22,500,000 and for the purposes of calculating interest on the Notes only, the Aggregate Nominal Amount was deemed to have been reduced to €18,255,658 with effect from 7 April 2016 (being the date a Credit Event Notice and Notice of Publicly Available Information was delivered in respect of Deco 6 - UK Large Loan plc ("Deco")). The Credit Exposure Amount in respect of Deco and the Class A2 Notes issued by Deco (ISIN: XS0235683223) (the "Deco Notes") was €4,244,342;

2.         in accordance with the terms and conditions of the Notes, the Spread was 0 per cent. per annum;

3.         3 month EUR-EURIBOR-Telerate (determined on the Interest Determination Date) was equal to -0.291%; and

4.         the Day Count Fraction is Actual/360.

Since the 3 month EUR-EURIBOR-Telerate (determined on the Interest Determination Date) is less than zero, the Interest Amount for the Relevant Interest Period shall be zero.

Note that pursuant to the terms and conditions of the Notes, for all Interest Periods from that commencing on (and including) 14 January 2014, to that ending on (but excluding) the Maturity Date, the Spread will be 0.0 per cent. per annum.

For your information, as at 12 October 2016, the aggregate Credit Exposure Amount in respect of the Reference Securities in the Reference Portfolio was €120,638,469. Further details are set out in the Schedule hereto.[1]

For and on behalf of

ELM B.V.

Prins Bernhardplein 200
1097 JB Amsterdam
The Netherlands

Attn:     The Managing Director          
Fax:     +31 20 521 4888

Tel:      +31 20 521 4838 

 

 

SCHEDULE

 

CREDIT EXPOSURE AMOUNT AS AT 12 OCTOBER 2016

 

 

ISIN

REFERENCE SECURITY NAME

CREDIT EXPOSURE AMOUNT (EUR)

ARGOM 2 A

IT0003694129

                       546,242

ASTIF 1 A

IT0003966477

                       668,892

AUBN 5 A2

XS0228779764

                    6,350,487

AYTPI III A

ES0312379003

                    2,082,212

BCJAM 2 A

ES0361795000

                    2,330,097

BCJAM 3 A2

ES0361796016

                    4,173,100

BERCR 6 A2

IT0004013790

                    4,407,245

CLARF 2005 A

IT0003879217

                    1,075,025

CRSM 9 A2

XS0235753299

                    8,355,543

DECO 8-C2X A2

XS0251886163

                  14,611,121

ESTON 2006-1 A1B

XS0248505959

                    4,625,202

HIPO HIPO-8 A2

ES0345784013

                    3,730,727

LANSD 1 A2

XS0250832614

                    3,432,174

MONAS 2004-I A2

XS0201262309

                    3,242,572

MPLC 7 A2

XS0225922110

                    2,712,420

PARGN 11X A2B

XS0246902885

                    6,244,350

PRS 2006-1X A2C

XS0243663837

                    1,094,978

RHIPO 7 A1

ES0366366005

                    3,481,640

RMAC 2005-NS1X A2C

XS0212189103

                    1,671,550

RMAC 2005-NS2X A2C

XS0220957061

                    1,369,835

RMAC 2005-NS3X A2A

XS0230220443

                    3,269,795

RMAC 2005-NS3X A2C

XS0230220872

                    3,289,577

RMACS 2006-NS1X A2C

XS0248595091

                    4,289,886

RMS 19X A2A

XS0203538052

                       386,891

RMS 19X A2C

XS0203542088

                       389,868

SABA 1 A2

ES0316874017

                    2,982,414

SPF 2006-A A

XS0241080075

                    1,652,526

TDAC 4 A

ES0377991007

                    2,743,535

TDAC 5 A

ES0377992005

                    4,459,076

TDAI 3 A

ES0338452008

                    5,165,102

TRAFFORD CENTRE FIN LTD

XS0222488396

                  15,804,387

 

Total

             120,638,469

 

 

 

 

 

 

[1] In accordance with the terms of the Notes, further to the Credit Event Determination Date in respect of Deco, Deco and the Deco Notes are deemed to be removed from the Reference Portfolio.

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.


This information is provided by RNS
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