CSC Global

Capital Markets Members login

Send_me
Forgot password?

EMF-NL 2008-1 B.V.

THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

 

This notice is made pursuant to the Act on Financial Supervision (Wet op het financieel toezicht).

 

If you are in any doubt as to the action you should take, you are recommended to seek your own financial, legal or other advice immediately from your stockbroker, bank manager, solicitor, accountant or other appropriately authorised independent financial adviser.

 

Capitalised terms used herein have the meanings defined or construed in the Master Definitions Agreement entered into by the Issuer in connection with the issue of the Notes on 21 April 2008 as amended and restated.

 

 

EMF-NL 2008-1 B.V.

(the Issuer)

 

Notice is hereby given with respect to notes of the following classes:

 

EUR 124,550,000 Class A2 Mortgage-Backed Floating Rate Notes due October 2041 (ISIN: US268689AB24 (144A)/ XS0352315526 (Reg S)) (the Class A2 Notes)

EUR 30,740,000 Class A3 Mortgage-Backed Floating Rate Notes due October 2041 (ISIN: US268689AC07 (144A)/ XS0359127387 (Reg S)) (the Class A3 Notes)

EUR 56,710,000 Class B Mortgage-Backed Floating Rate Notes due October 2041 (ISIN: XS0352317654 (Reg S)) (the Class B Notes)

(collectively, the Notes and each class of Notes, a Class of Notes and together the Classes of Notes and the holders thereof the Noteholders)

 

 

                                                                                    Amsterdam, 28 October 2014

 

 

DOCUMENTATION AMENDED PURSUANT TO NOTEHOLDERS MEETINGS

 

Stichting Security Trustee EMF-NL 2008-1 (the Security Trustee) convened a number of meetings of Class A2 Noteholders, Class A3 Noteholders and Class B Notesholders (the Noteholders Meetings) held on 30 June 2014, 15 July 2014 and 30 July 2014, respectively, at the offices of Allen & Overy LLP, during which certain extraordinary resolutions were discussed and were submitted for adoption.

 

During the Noteholders Meetings, the Class A2 Noteholders, the Class A3 Noteholders and the Class B Noteholders voted in favour of the proposed extraordinary resolutions and as a result the extraordinary resolutions passed by the Class A2 Noteholders, Class A3 Noteholders and Class B Noteholders, respectively, have taken effect.

 

The Security Trustee hereby informs the Noteholders and the Residual Certificateholders that in connection with the passed extraordinary resolutions certain amendments have been made to the Master Definitions Agreement and the Trust Deed on 22 October 2014 to reflect the reduction of the frequency of the Put Option Dates from four to once per annum starting on the Put Option Date in October 2014. The amended and restated Master Definitions Agreement and the amended and restated Trust Deed are available for inspection at the offices of the Security Trustee and the Principal Paying Agent set out below:

 

Stichting Security Trustee EMF-NL 2008-1

Prins Bernhardplein 200

1097 JB Amsterdam

The Netherlands

HSBC Bank plc

8 Canada Square

London E14 5HQ

United Kingdom

                       

Amsterdamsch Trustee’s Kantoor B.V.

Managing Director

Prins Bernhardplein 200

1097 JB Amsterdam

The Netherlands

                       

 

 

Notice 28 October 2014
Private Wealth Services