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Aster Treasury Plc (42RJ)

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Wednesday 08 May, 2019

Aster Treasury Plc

Sale £20m retained bond

RNS Number : 3690Y
Aster Treasury PLC
08 May 2019
 

 

 

 

 

 

 

 

Aster Treasury Plc

 

 

 

Aster Treasury PLC: Retained Sale £20,000,000

 

Aster Treasury PLC (Aster), a UK Housing Association has mandated NatWest Markets for a sale of up to GBP20m (in principal amount) of its 4.50% RegS Bearer senior secured transaction due 2043, subject to market conditions. Aster is rated A+ by S&P.

 

*** Aster Treasury PLC - RETAINED SALE - PROCESS GUIDELINES ***

 

- Please provide a Bid for the entire GBP20m or part of it (min bid size GBP10m)

- Bid deadline - 13:00 UKT Wednesday 08/05/2019

- Settlement - T+5

- Investors are not required to bid for all of the GBP20m bonds

- If the final bid comes from more than one account, the bonds will be cleared at the widest level of the individual bids

- Bids at the tightest spread will be prioritised and any successful bids at the same spread level will be allocated on a pro-rata basis

- The Issuer is happy for it to be disclosed that the bonds being sold are Retained Bonds held by the Issuer

 

*** Aster Treasury PLC PRE-ANNOUCEMENT LVL £££

ASTERT 4.50% 12/18/43   G+129

 

MiFID II professionals/ECPs-only - Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).

 

 

For further information, please contact:

 

Paul Morgan

Director of Treasury

Sarsen Court
Horton Avenue
Cannings Hill
Devizes
Wiltshire
SN10 2AZ
United Kingdom

Telephone: 01380 727262

 

 


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