To view the PDF file, sign up for a MySharenet subscription.

AMBER HOUSE FUND 1 (RF) LIMITED - Notification of the outcome of the noteholders meeting

Release Date: 23/09/2015 10:21
Code(s): AHF1A1 AHF1B1 AHF1C1     PDF:  
Wrap Text
Notification of the outcome of the noteholders meeting

AMBER HOUSE FUND 1 (RF) LIMITED
(Registration Number 2006/024381/06)
Instrument code: AHF1A1 ISIN: ZAG000091463
Instrument code: AHF1B1 ISIN: ZAB000091471
Instrument code: AHF1C1 ISIN:ZAG000091489
(the "Issuer")

NOTIFICATION OF THE OUTCOME OF THE NOTEHOLDERS MEETING TO
CONSIDER AN AMENDMENT TO THE TERMS AND CONDITIONS OF THE
APPLICABLE PRICING SUPPLEMENTS

Noteholders are advised that following a meeting ("Meeting") 
of the holders of all the Notes held by the Issuer under its
ZAR4,000,000,000 residential mortgage backed securities programme 
("Programme Memorandum"), held on 23 September 2015, pursuant to 
which the Noteholders were requested to consider an amendment to 
the terms and conditions of the applicable pricing supplements in 
respect of each of the Class A Notes, the Class B Notes and the 
Class C Notes respectively in terms of the issue of an amended and 
restated applicable pricing supplement in respect of each of the Class 
A Notes, the Class B Notes and the Class C Notes (collectively the 
"Amended and Restated Applicable Pricing Supplements") pursuant to 
which the Coupon Step-Up Date of each of the Notes, being 21 November 
2015 would be amended to 19 October 2015 and following the passing of 
the Special Resolution by the Noteholders at the Meeting, the Issuer 
was authorised to amend the Coupon Step-Up Date in respect of each
of the Class A Notes, the Class B Notes and the Class C Notes and to 
issue the Amended and Restated Applicable Pricing Supplements in respect 
of each of the Class A Notes, the Class B Notes and the Class C Notes 
respectively.

The above resolution was effected following the adoption of the Special 
Resolution by Noteholders at the Meeting holding 100% of the Principal 
Amount Outstanding of the Notes represented by proxy.

Capitalised terms and expressions used in this notice and not otherwise 
defined herein, shall have the meanings ascribed to such terms and expressions 
in the Programme Memorandum.

Johannesburg
23 September 2015

Debt Sponsor
The Standard Bank of South Africa Limited
                         

For further information on the amendment to the Applicable
Pricing Supplements please contact:

Nicholas Gunning         SBSA               (011) 721 8003


Amber House Fund 1 (RF) Limited information:
2 Milkwood Crescent
Milkwood Park
La Lucia Ridge
La Lucia
4051
Fax: +27 31 562 8755
www.sahomeloans.com

Date: 23/09/2015 10:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story