Source - RNS
RNS Number : 7809K
Tagus - Soc. de Titular. de Credit
12 April 2018
 

NOTICE

TAGUS - Sociedade de Titularização de Créditos, S.A.

INFORMS ABOUT REPLACEMENT OF BEARER NOTES WITH REGISTERED NOTES

AQUA MORTGAGES NO. 1

 

TAGUS - Sociedade de Titularização de Créditos, S.A. (the "Issuer") hereby informs that, pursuant to the requirement of Law no. 15/2017, of 3 May 2017, imposing a mandatory replacement of existing bearer securities into registered securities, and Decree-Law no. 123/2017, of 25 September 2017, establishing the replacement method for such bearer securities, and further to the instructions received on behalf of the International Central Securities Depositories (the "ICSDs") and the agreement reached with the Common Representative and the Agents, the Issuer has replaced the bearer Global Notes, representing the Notes of each Class in the Aqua Mortgage No. 1 securitisation, with a registered global note for each Class (each a "Registered Global Note"), in particular the following (the "Notes"):

·     € 203,176,000 Class A Mortgage-Backed Floating Rate Notes due 2063;

·     € 29,824,000 Class B Mortgage-Backed Floating Rate Notes due 2063; and

·     € 3,500,000 Class C Notes due 2063.

The above replacement is effective from 11 April 2018, and the ICSDS will update their systems accordingly.

For the purposes above, the Issuer has entered into an amended and restated Common Representative Appointment Agreement (including the amended Terms and Conditions of the Notes and the forms of Registered Global Note and Definitive Registered Note attached thereto), and an amended and restated Paying Agency Agreement (including the appointment of Deutsche Bank Luxembourg S.A. as Registrar and Transfer Agent, and its rules of operation), and executed the Registered Global Note for the Class A Notes,  the Registered Global Note for the Class B Notes and the Registered Global Note for the Class C Notes. Each Registered Global Note is held under the New Safekeeping Structure.

Copies of the amended and restated agreements above will be available at the Specified Office of the Principal Paying Agent in the same way as the original agreements, as indicated in the Prospectus relating to the admission to trading of the Class A Notes on the Irish Stock Exchange and dated 10 December 2008.

Any terms not otherwise defined herein bear the meaning given to them in the Term and Conditions of the Notes, as amended from time to time.

 

Lisbon, 12 April 2018

 

TAGUS - Sociedade de Titularização de Créditos, S.A.

 

 

This announcement has been issued through the Companies Announcement Service of

Euronext Dublin.


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