Intertrust

Capital Markets Members login

Send_me
Forgot password?

E-Mac Program II - NL 2008-IV

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 advisor.

 

Capitalised terms used herein have the meanings defined or construed in the master definitions schedule attached as Schedule 1 to the Programme Agreement

 

E-MAC Program II B.V. – Compartment NL 2008-IV
(the "Issuer")

Notice is hereby given with respect to notes of each of the following class(es):

 

€ 230,600,000   Senior Class A Notes 2008 due 2048, issue price 100 per cent. ISIN: XS0355816264

€ 11,300,000 Mezzanine Class B Notes 2008 due 2048, issue price 100 per cent. ISIN: XS0355816421

€ 2,800,000   Junior Class C Notes 2008 due 2048, issue price 100 per cent. ISIN XS0355816694

€ 11,550,000 Subordinated Class D Notes 2008 due 2048, issue price 100 per cent. ISIN XS0355816934

€ 6,900,000   Subordinated Class E Notes 2008 due 2048, issue price 100 per cent. ISIN XS0355817155

€ 50,000   Subordinated Class F Note 2008 due 2048, issue price 100 per cent. ISIN XS0357827459

 

 (the "Notes" and each class of Notes, a "Class of Notes" and together the "Classes of Notes", the Class A Notes, Class B Notes, Class C Notes and Class D Notes together the "Put Option Notes" and the holders thereof the "Put Option Noteholders" )

 

Amsterdam, 26 August 2013

 

Notice is hereby given by the Issuer that, in accordance with the Terms and Conditions of the Notes under the Program and the Final Terms of Compartment NL 2008-IV, each of the Put Option Noteholders has the right to exercise the Put Option and to offer to the Issuer any or all Put Option Notes held by it for redemption on 25 October 2013 (the ‘Put Date’). The Put Option Notes in respect of which the Put Option is exercised may be redeemed, subject to, amongst others, Condition of the Notes 9, on the Put Date.

To exercise the Put Option, the Put Option Noteholder must deliver, at the specified office of the Principal Paying Agent at any time during normal business hours of the Principal Paying Agent by no later than 10 September 2013, a duly completed and signed notice of exercise in the form obtainable from the Principal Paying Agent together with the relevant instruction as required by Euroclear and Clearstream, Luxembourg (the ‘Put Notice’) in which the Put Option Noteholder must specify a bank account to which payment is to be made under Condition of the Notes 6(d) accompanied by the Put Option Note or evidence satisfactory to the Issuer that the relevant Put Option Note will, following delivery of the Put Notice, be held to its order or under its control.

 

With reference to Conditions 6(d)(v) and 6(d)(vi) of the Terms and Conditions of the Notes under the Program, Put Option Noteholders are hereby informed that the Issuer expects not to have sufficient funds available to redeem the Notes which are subject to redemption on the Put Date.

 

In the light of the Issuer’s expectation that it will not have sufficient funds available to redeem the Notes which are subject to redemption on the Put Date and as to avoid that Notes would unnecessarily be blocked for trading from the moment of exercise of the Put Option by a Put Option Noteholder up to the Put Date, Put Option Noteholders are hereby informed that the Notes in relation to which a notice of exercise of the Put Option is delivered, will not be subject to blocking up to the Put Date.   Put Option Noteholders that would have exercised the Put Option if the Issuer would have been in a position to honour such exercise should nevertheless deliver a Put Notice in accordance with the instructions set out above. Noteholders who in any event wish to exercise the Put Option, may likewise deliver a Put Notice in accordance with the instructions set out above.

 

Contact details of the Principal Paying Agent:

ABN AMRO Bank N.V.

Corporate Broking

Tel. +31 20 344 2000

Fax: + 31 20 628 8481

Email: corporate.broking@nl.abnamro.com

 

 

ATC Management B.V.

Director

Fred. Roeskestraat 123

1076 EE Amsterdam

emac@atccapitalmarkets.com

Put Option Notice E-Mac Program II - NL 2008-IV
Private Wealth Services