Publication of Supplementary Prospectus

RNS Number : 8696X

Silverstone Master Issuer PLC

23 December 2019

 

THIS NOTICE IS IMPORTANT AND
REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS.

SILVERSTONE MASTER ISSUER PLC
(incorporated in England and Wales with limited liability with registered number 06612744)
(the Issuer)

£35,000,000,000 RESIDENTIAL MORTGAGE-BACKED NOTE ISSUANCE PROGRAMME

23 December 2019

NOTICE TO NOTEHOLDERS

NOTICE IS HEREBY GIVEN THAT on 23 December 2019 the Issuer made certain amendments to each Issuer Currency Swap Agreement, the Funding 1 Currency Swap Agreement, the Funding 1 Bank Account Agreement, the Issuer Bank Account Agreement, and the Mortgages Trustee Bank Account Agreement (the "Amendments"), in each case to comply with, implement and/or reflect (as applicable) updates to the applicable rating criteria of Fitch (which were updated on 1 August 2018), Moody's (which were updated on 29 January 2019) and S&P (which were updated on 8 March 2019) in respect of the Mortgages trustee account bank, the Funding 1 account bank, the Issuer account bank, the Funding 1 swap provider, and the Issuer swap provider. The Amendments include, among other things, updating (i) the S&P ratings triggers framework with respect to the replacement of the Funding 1 swap provider and/or the Issuer swap provider and (ii) the Fitch and Moody's deposit ratings triggers and the Fitch, Moody's and S&P time periods with respect to replacement of the Mortgages trustee account bank, the Funding 1 account bank, and/or the Issuer account bank (as applicable).

To view the full document, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/8696X_1-2019-12-23.pdf

A copy of the above Supplementary Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at:

http://www.morningstar.co.uk/uk/NSM

For further information, please contact:

Silverstone Master Issuer PLC

c/o Wilmington Trust SP Services (London) Limited

Third Floor

1 King's Arms Yard

London

EC2R 7AF

Telephone: [phone]

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in this announcement may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. The distribution of this announcement in certain jurisdictions may be restricted by law and persons into whose possession this announcement comes are requested to inform themselves about, and to observe, any such restrictions. Prior to relying on the information contained in the Prospectus you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

 

END

 

 

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