TIDM65HB

16 November 2020

The Housing Finance Corporation Limited ("THFC")

Partial early redemption of GBP4,750,000 of 8.625% Debenture Stock 2023

New ISIN: GB00BLF0LG43 (16 November 2020)

(Previous ISIN: GB00BJLSSR88 )

To the holders of 8.625% Debenture Stock 2023 (the 'Stock') constituted and secured pursuant to a Trust Deed between THFC (1) and The Law Debenture Trust Corporation p.l.c. (2) dated 13 October 1993 and deeds supplemental thereto between the same parties (together the 'Trust Deed')

Following an announcement on 06 November 2020, THFC confirms that on 13 November 2020 it compulsorily redeemed on a pro rata basis Stock with an Outstanding Principal Amount of GBP4,750,000 representing approximately 2.53% of the Stock in issue at a price of GBP126.348 per GBP100.

Fractions of Stock produced by the Redemption ratio have not been redeemed and therefore the number of Stock redeemed in respect of each stockholder has been rounded down to the nearest whole number.

The Stock redeemed on 13 November 2020 has been cancelled. THFC now has GBP182,849,996

8.625% Debenture Stock in issue.

Payments of redemption monies are expected to be effected either through CREST (in the case of Stock held in uncertificated form) or by cheque (in the case of Stock held in certificated form) on or around 24 November 2020. Any stock certificates for the balance of the holding will be distributed to stockholders on or around 23 November 2020.

A new ISIN number (GB00BLF0LG43) for the unredeemed Stock has been enabled and is available for transactions from 16 November 2020.

LEI: 213800C5UBBTGH5RTF22

For further information, please contact:

 
THFC Details: 
 
3(rd) floor 
 17 St Swithins Lane 
 London 
 EC4N 8AL 
 
 Telephone +44 (0)20 7337 9920 
Registrar Details: 
Link Group 
 34 Beckenham Road 
 Beckenham 
 Kent 
 BR3 4TU 
Telephone: +44 (0) 371 664 0321 
Calls to Link Group are charged at the standard geographic rate and will vary 
by provider. Calls outside the United Kingdom will be charged at the 
applicable international rate. The helpline is open between 9.00 am -- 5.30 
pm, Monday to Friday excluding public holidays in England and Wales. Please 
note that Link Group cannot provide any financial, legal or tax advice and 
calls may be recorded and monitored for security and training purposes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201116005508/en/

 
    CONTACT:

The Housing Finance Corporation Limited

 
    SOURCE: Housing Fin.Corp. 
Copyright Business Wire 2020

(END) Dow Jones Newswires

November 16, 2020 04:34 ET (09:34 GMT)

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