Formal Notice
22 März 2010 - 11:11AM
UK Regulatory
TIDM39PV
RNS Number : 9292I
Equity Release Funding (No.3) PLC
22 March 2010
22 March 2010
Equity Release Funding (No.3) PLC
(the "Company")
Re: GBP42,000,000 Class B Mortgage Backed Floating Rate Notes due 2038
(the "Class B Notes") (XS0169951000)
The Company today announces that it does not intend to exercise its right to
redeem all or part of the Class B Notes on the interest payment date falling in
April 2010 (the "Step-Up Date").
In respect of any interest period commencing on or after the Step-Up Date, the
Relevant Margin used for determining the applicable rate of interest on the
Class B Notes will be 3.50 per cent. per annum.
This notice is given by:
Equity Release Funding (No.3) PLC
22 March 2010
This information is provided by RNS
The company news service from the London Stock Exchange
END
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