Eurosail NL 2007-I 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 26 July 2007 as amended and restated.
EUROSAIL-NL 2007-1 B.V.
(the "
Issuer
")
Notice is hereby given with respect to notes of each of the following class(es):
EUR 306,250,000 Class A Mortgage Backed Floating Notes due April 2040,
ISIN: XS0307254259/US298797AA96
EUR 14,525,000 Class B Mortgage Backed Floating Rate Notes due April 2040,
ISIN: XS0307256114/US298797AB79
EUR 14,000,000 Class C Mortgage Backed Floating Rate Notes due April 2040,
ISIN: XS0307257435/US298797AC52
EUR 12,775,000 Class D Mortgage Backed Floating Rate Notes due April 2040,
ISIN: XS0307260496/US298797AD36
( the "Put Option Notes" and the holders thereof the "Put Option Noteholders" )
Amsterdam, 12 June 2013
Notice is hereby given by the Issuer in relation to the Put Option Date falling on 17 July 2013 (the " Put Option Date " ). The Seller has decided not to repurchase the Mortgage Receivables from the Issuer. Furthermore, the Issuer has not identified any third party interested in purchasing Mortgage Receivables outstanding on or before the Put Option Date against the Redemption Repurchase Price as defined in the Transaction Documents.
Consequently, the Issuer will not redeem any of the Put Option Notes on the Put Option Date. The Doubled Margin will remain unchanged as set out in the following table:
|
Class of Notes |
Doubled Margin |
|
Class A Notes |
0.40 per cent. |
|
Class B Notes |
0.66 per cent. |
|
Class C Notes |
1.10 per cent. |
|
Class D Notes |
2.20 per cent. |
ATC Management B.V.
Director of the Issuer
Fred. Roeskestraat 123
1076 EE Amsterdam
Put Option notice