TIDM66YE

RNS Number : 6833B

Arran Residential MortgagesFund3PLC

19 April 2012

Notice of Redemption to Euroclear and Clearstream, Luxembourg

GBP160,000,000 Class A2a Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304464968)

GBP350,000,000 Class A3a Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304465262)

GBP29,600,000 Class Ba Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304466583)

GBP62,000,000 Class Ca Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304466823)

$1,011,000,000 Class A2b Asset Backed Floating Rate Notes due September 2056 (Reg S ISIN XS0304468365 144A ISIN US04271AAB70 CUSIP 04271AAB7)

$1,192,000,000 Class A3b Asset Backed Floating Rate Notes due September 2056 (Reg S ISIN XS0304469256 144A ISIN US04271AAC53 CUSIP 04271AAC5)

$10,000,000 Class Bb Asset Backed Floating Rate Notes due September 2056 (Reg S ISIN XS0304469926 144A ISIN US04271AAD37 CUSIP 04271A AD3)

$7,000,000 Class Cb Asset Backed Floating Rate Notes due September 2056 (Reg S ISIN XS0304470692 144A ISIN US04271AAE10 CUSIP 04271AAE1)

EUR700,000,000 Class A2c Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304482515)

EUR525,000,000 Class A3c Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304482861)

EUR14,000,000 Class Bc Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304483166)

EUR20,500,000 Class Cc Asset Backed Floating Rate Notes due September 2056 (ISIN XS0304483323)

(the "Notes")

19 April 2012

Arran Residential Mortgages Funding No. 3 PLC incorporated with limited liability in England and Wales (registered number 6150313) with its registered office at c/o Wilmington Trust SP Services London Limited, Third Floor, 1 King's Arms Yard, London EC2R 7AF (the "Issuer") announces redemption in full of the Notes.

Reference is made to the Board Meeting of the Issuer held on 18 April 2012 at which a resolution was passed to approve the optional redemption of the Notes in full on the Interest Payment Date falling on 18(th) day of June 2012 (the "Transaction").

The Noteholders were notified of the Transaction on 19 April 2012 in compliance with Condition 7.3 (Optional Redemption in Full) of the Terms and Conditions of the Notes. Such notice was provided in accordance with Condition 15 (Notice to Noteholders) of the Terms and Conditions of the Notes.

The Issuer wishes to announce that it will redeem the Notes in full on the 18th day of June 2012 at an amount equal to the Principal Amount Outstanding of the relevant Note together with accrued (and unpaid) interest on the Principal Amount Outstanding of the relevant Note up to but excluding the 18th day of June 2012 and will request that the London Stock Exchange removes the Notes detailed above from the Main Market.

Unless otherwise defined herein, capitalised terms in this announcement have the same meanings as in the Terms and Conditions in respect of the above detailed Notes.

The Issuer is a special purpose vehicle established by The Royal Bank of Scotland plc for the purpose of the issuance of the Notes.

For further information please contact:

Liam Coleman, Deputy Group Treasurer

The Royal Bank of Scotland plc

5th Floor, 280 Bishopsgate

London, EC2M 4RB

+44 20 7672 3866

Emete Hassan, Head of Debt Investor Relations

The Royal Bank of Scotland plc

5th Floor, 280 Bishopsgate

London, EC2M 4RB

+44 20 7672 2422

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCILMBTMBTBBTT

Arran Res3 A1a (LSE:66YE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Arran Res3 A1a Charts.
Arran Res3 A1a (LSE:66YE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Arran Res3 A1a Charts.