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Infinity 2007-1 Sopr (IRSH)

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Friday 13 April, 2018

Infinity 2007-1 Sopr

Sale of EHE Pool 1A Itzehoe Property

RNS Number : 8615K
Infinity 2007-1 Soprano
13 April 2018
 

 

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 REQUIRED TO PASS THIS NOTICE TO SUCH BENEFICIAL OWNERS IN A TIMELY MANNER.

Infinity 2007-1 "SoPRANo"

(the Issuer)

 

EUR 774,400,000 Class A Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478420)

EUR 56,300,000 Class B Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478438)

EUR 54,000,000 Class C Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478446)

EUR 48,400,000 Class D Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478453)

EUR 54,000,000 Class E Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478479)

EUR 26,350,000 Class F Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478487)

EUR 15,000,000 Class G Floating Rate Asset Backed Notes due 5 November 2019

(ISIN: FR0010478495)

 

(the Notes)

 

Reference is made to the prospectus dated 29 May 2007 with respect to the issue of the Notes (the Prospectus).  Capitalised terms used but not defined in this notice shall have the meanings given to them in the Prospectus.

 

Reference is made to the loan referred to as the "EHE Pool 1A Reference Obligation" in the Prospectus.

 

Itzehoe property sale

 

The Special Servicer has notified the Issuer that the sale of the Itzehoe property completed on 29 March 2018 and that the net sale proceeds have been received by the Special Servicer. The property sold for a gross sale price of EUR 11 million.

 

 

The Special Servicer has notified the Issuer that the net sale proceeds after the deduction of  relevant, cost, fees and expenses  will be distributed to the cash manager on the occurrence of the next Interest Payment Date in April 2018 (as defined in the EHE Pool 1A Reference Credit Agreement (as amended from time to time)

 

This notice is given by the Issuer on

 

11 April 2018

 

This notice is issued by the Issuer solely to provide the existing Noteholders as "Addressees" certain information regarding the Reference Properties Pool, the Reference Obligation and the Notes.  This notice is solely directed at the Addressees and should not be relied upon or used by any other person.  None of the foregoing is intended or should be construed as investment, financial, legal or tax advice by or on behalf of the Issuer or the EHE Pool 1A Servicer or their respective directors, officers, agents, attorneys or employees.  Each person receiving this notice should seek the advice of its own advisors in respect of the matters set forth herein.  NOTHING IN THIS NOTICE CONSTITUTES ANY PROMOTION IN RESPECT OF ANY INVITATION, ENDORSEMENT OR OFFER TO INVEST OR DEAL IN THE REFERENCE PROPERTIES POOL, THE REFERENCE OBLIGATION OR THE NOTES OR IN ANY OTHER ASSETS, SECURITIES OR FINANCIAL INSTRUMENTS IN ANY JURISDICTION.

 

This notice is not being distributed by, nor has it been approved for the purposes of section 21 of the Financial Services and Markets Act 2000 (FSMA) by a person authorised under FSMA.  This notice does not constitute any form of commitment, advice or recommendation on the part of the EHE Pool 1A Servicer or its officers, affiliates, advisors, agents or representatives in relation to any transaction.  Accordingly, Addressees should not rely on or use this notice for any purpose, in particular trading any debt under the Reference Obligation or the Notes issued by the Issuer or any other entity.

 

The EHE Pool 1B Servicer has reviewed the contents of this notice.

 

The information contained herein has not been independently verified by the Issuer or the EHE Pool 1A Servicer.  Without prejudice to the foregoing (and without purporting to limit any person's liability for fraudulent misrepresentation), no responsibility or liability is or will be accepted by the EHE Pool 1A Servicer or the EHE Pool 1A Servicer's officers, affiliates, advisers, agents and representatives in relation to the accuracy or completeness of this notice or any other written or oral information made available to any Addressee or its advisers and any such liability is expressly disclaimed.

 

This announcement has been issued through the Companies Announcement Service of

Euronext Dublin

 


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