Athlon Securitisation BV redemption

 

 

Notice to the holders of

the € 316,500,000 Senior Class A Secured Floating Rate Notes due 2013,

the € 14,000,000 Junior Class B Secured Floating Rate Notes due 2013 and

the € 19,500,000 Subordinated Class C Secured Floating Rate Notes due 2013

(the Notes) issued by Athlon Securitisation B.V. (the Issuer) on 28 May 2003

 

Pursuant to the terms and conditions of the Transaction Documents, we hereby give you notice of the

exercise of the Clean-up Call Option by the Issuer and redemption of all of the Notes, in accordance with Condition 6(e) (Optional redemption) and clause 21 of the Trust Deed, before their stated maturity date on the Notes Quarterly Payment Date falling on 26 March 2010 (being the Optional Redemption Date) in the following order: (a) the Class A Notes, until fully redeemed, at their Principal Amount Outstanding; and thereafter, (b) the Class B Notes, until fully redeemed at their Principal Amount Outstanding; and thereafter, (c) the Class C Notes, at their Principal Amount Outstanding.

 

Any capitalised terms used in this notice will have the meaning as ascribed to them in the master definitions agreement dated 27 May 2003.

   

ATC Management B.V.

Managing Director

Fred Roeskestraat 123

1076 EE Amsterdam

The Netherlands

 

 

 

Exercise of the clean up call option and redemption in full of the outstanding Notes as per 26th March 2010