Series 2007-2 Downgrade of Liquidity Facility
20 Marzo 2009 - 6:05AM
UK Regulatory
TIDM58HD
RNS Number : 2148P
Great Hall Mortgages No1 plc
20 March 2009
Great Hall Mortgages No.1 plc - Asset Backed Note Programme
Series 2007-2
Downgrade of Series Liquidity Facility Provider (Danske) by S&P
Series Liquidity Collateral Facility Drawing
20 March 2009
Great Hall Mortgages No.1 plc confirms that, following a downgrade by Standard &
Poor's on 5 February 2009 of the short term rating of Danske Bank A/S, the
Series Liquidity Facility Provider for the above series of Notes, Great Hall
Mortgages No.1 plc has exercised its contractual entitlement under the Series
Liquidity Facility Agreement dated 28 June 2007 and has issued a Drawing Notice
to Danske Bank A/S requesting a Series Liquidity Collateral Facility Drawing of
GBP26,045,042.57 being the full Series Liquidity Facility Available Amount,
upon the terms and subject to the conditions contained in the Series Liquidity
Facility Agreement. The Drawing Date (ie when Great Hall expects to receive the
monies) for the Series Liquidity Collateral Facility Drawing is 23 March 2009.
Enquiries to: Great Hall Mortgages No.1 plc; telephone 020 7696 5285.
This information is provided by RNS
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