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Opera Finance (CMH) (IRSH)

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Tuesday 15 January, 2013

Opera Finance (CMH)

Notice

RNS Number : 5819V
Opera Finance (CMH) Plc
15 January 2013
 

 

Opera Finance (CMH) p.l.c.

11th January 2013

 

THIS NOTICE CONTAINS IMPORTANT INFORMATION OF INTEREST TO THE BENEFICIAL OWNERS OF THE NOTES. IF APPLICABLE, ALL DEPOSITARIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE

REQUESTED TO PASS THIS NOTICE TO SUCH BENEFICIAL OWNERS IN A

TIMELY MANNER.

 

NOTICE TO HOLDERS OF

 

€250,000,000 Class A Commercial Mortgage Backed Floating Rate Notes due 2015

(ISIN XS0241931442) (the "Class A Notes")

€50,000,000 Class B Commercial Mortgage Backed Floating Rate Notes due 2015

(ISIN XS0241934628) (the "Class B Notes")

€40,000,000 Class C Commercial Mortgage Backed Floating Rate Notes due 2015

(ISIN XS0241935195) (the "Class C Notes")

€35,000,000 Class D Commercial Mortgage Backed Floating Rate Notes due 2015

(ISIN XS0241935609) (the "Class D Notes")

(together, the "Notes"), issued by

 

Opera Finance (CMH) p.l.c.

(the "Issuer")

The Notes are admitted to the Official List of the Irish Stock Exchange Limited and to trading on its regulated market.

This Notice is issued by Brookland Partners LLP ("Brookland") in its capacity as financial adviser to the Junior Lender.

In this Notice, capitalised terms used but not defined shall have the meanings given to them in the Offering Circular dated 2nd February 2006 relating to the Notes.

On 24th December 2012, the Junior Loan was transferred to NW Finance Company S.À R.L ("NWFC"), an affiliate of Northwood Investors LLC. NWFC has also become Junior Hedge Counterparty.

The Junior Lender is engaging with the Servicer and Noteholders to discuss the potential options to maximise recoveries in the context of the upcoming Senior Loan and Junior Loan maturity date of 15th January 2013, including proposals to restructure the Senior Loan, the Junior Loan and the Notes.

Noteholders wishing to discuss the transaction with the Junior Lender or its financial advisers, Brookland Partners LLP, are invited to contact:

Northwood Investors LLC

Khaled Kudsi: kkudsi@northwoodinvestors.com +1 (212) 573 0837

Jerome Anselme: janselme@northwoodinvestors.com +44 (0) 20 3178 8734

Brookland Partners LLP

Nassar Hussain: nassar.hussain@brookland.com +44 (0)207 645 5180

Chris Lees: chris.lees@brookland.com +44 (0)207 645 5185

Disclaimer: This notice is given in good faith by Brookland on behalf of NWFC and is based on information currently available to it, which Brookland believes, to the best of its knowledge to be true and accurate in all material respects. This Notice does not purport to make any representations of NWFC or Brookland itself.

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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