Amendment to Bond Conditions

Summary by AI BETAClose X

Yorkshire Housing Finance plc has amended Bond Condition 9.9, with the consent of the Bond Trustee, to remove the obligation to cancel New Retained Bonds on October 7, 2026, thereby granting the Issuer the ability to sell these Retained Bonds at any time.

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Yorkshire Housing Finance plc
11 September 2026
 

 

Yorkshire Housing Finance plc

11 September 2026

Yorkshire Housing Finance plc

LEI: 213800Y8UNLWBP74TZ18

 

Amendment to Bond Conditions

 

Yorkshire Housing Finance plc (the Issuer) has today amended Condition 9.9 (Cancellation of purchased or redeemed Bonds) of the Bonds, with the consent of M&G Trustee Company Limited (formerly Prudential Trustee Company Limited) (the Bond Trustee) pursuant to Clause 18.1 (Modification of Transaction Documents) of the Bond Trust Deed dated 31 October 2014, as supplemented on 7 October 2021, between the Issuer and the Bond Trustee constituting the Bonds (the Bond Trust Deed), to remove the obligation to cancel the New Retained Bonds (as defined in the Conditions of the Bonds) on 7 October 2026.  Consequently, the Issuer has the ability to sell the Retained Bonds at any time.

 

For further information, please contact:

Yorkshire Housing Finance plc

The Place, 2 Central Place, Leeds  LS10 1FB

Email: treasury@yorkshirehousing.co.uk

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