07LC Citibank Thai U

    RNS Number : 5086I
  Five Finance Corporation
  19 November 2008
   

    To:        RNS
                  London Stock Exchange
                  10 Paternoster Square
                  London EC4M 7LS


    Date:     19 November 2008



    FIVE FINANCE CORPORATION

    Five Finance Corporation ("Five") has entered into a transaction, whereby Citibank, N.A. agreed with Five on 18 November 2008 to
purchase (at their current values) all remaining assets and assume all derivative contracts held by Five. 

    As part of this transaction Citi has agreed to ensure that Five will have sufficient funds to repay its senior debt /liabilities and
provide for the obligations to other secured creditors as they fall due.




    Citibank International plc
    (as Defeasance Manager of Five Finance Corporation)

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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