Protected trust deed

Best IVA Companies in the UK for 2024 Announced by Best-companies.co.uk to Alleviate Financial Strains in the New Year

Retrieved on: 
Thursday, December 21, 2023
Augmented reality, Freezing, Failure, Outline, Risk, Research, Bankruptcy, DRO, Debt management plan, Money, Accreditation, FCA, News, Insolvency practitioner, StepChange, Trust, Knowledge, Individual voluntary arrangement, DMP, Debt, Protected trust deed, IVA, Insolvency Practitioners Association, Negotiation, Insolvency, Product management, Insolvency Service, Benefit, Pressure, Communication, Credit

The best IVA companies for 2024 are:

Key Points: 
  • The best IVA companies for 2024 are:
    Abbots Insolvency offers numerous benefits for individuals seeking effective IVA debt help and structured debt solutions.
  • As a reputable IVA company, CreditFix offers reliable support and sustainable solutions for individuals seeking to overcome debt challenges.
  • Selecting the best IVA company requires careful consideration of several key factors, such as accreditation, fees, customer service, and more.
  • IVA companies are financial organisations that specialise in providing Individual Voluntary Arrangements (IVAs) to individuals who are struggling with debt.

Notice of Written Resolution

Retrieved on: 
Tuesday, November 7, 2023
ACT, INDEPENDENT, TAX, Disclosure, AFRICA, Trust deed, BANK, Settlement date, ANY, BY, FINANCIAL, NOT, Metrobank, AND, SELL, Trustee, Protected trust deed, THIS, Table (information), ACTION, YOU, AN, Financial adviser, Security (finance), Issuer, Note

The Issuer today announces the circulation of a notice of written resolution (the “Notice of Written Resolution”) requesting that holders of the Notes (the “Noteholders”) consider the extraordinary resolution set out in the Notice of Written Resolution being proposed as a written resolution, which contains the proposal by the Issuer for Noteholders to consent to amendments to the trust deed dated 17 September 2019 between Metro Bank PLC (“Metro Bank”) and The Law Debenture Trust Corporation p.l.c.

Key Points: 
  • The Issuer today announces the circulation of a notice of written resolution (the “Notice of Written Resolution”) requesting that holders of the Notes (the “Noteholders”) consider the extraordinary resolution set out in the Notice of Written Resolution being proposed as a written resolution, which contains the proposal by the Issuer for Noteholders to consent to amendments to the trust deed dated 17 September 2019 between Metro Bank PLC (“Metro Bank”) and The Law Debenture Trust Corporation p.l.c.
  • (the “Trustee”), as supplemented by a supplemental trust deed dated 19 May 2023 between the Issuer, the Trustee and Metro Bank (together, the “Trust Deed”), by way of a second supplemental trust deed to modify, upon prior satisfaction of the Effectiveness Conditions (as defined in the Notice of Written Resolution) and with effect on and from the Settlement Date (as defined in the Notice of Written Resolution and currently expected to be 30 November 2023), Condition 10(a) of the terms and conditions of the Notes such that the maturity date of the Notes will be the Settlement Date and the redemption of the Notes will be effected by way of delivery, to the holders thereof, of (i) the £1,000 in principal amount of the New MREL Notes (as defined in the Notice of Written Resolution) to be issued by the Issuer for each £1,000 in principal amount of Notes held by each such Noteholder and (ii) the Accrued Interest Amount (as defined in the Notice of Written Resolution) in cash, as well as consequential or related amendments to the Trust Deed (as more fully described in the Notice of Written Resolution, the “Proposal”).
  • Noteholders are urged to read the Notice of Written Resolution carefully, together with any other publicly available information on the Issuer and its group which such Noteholder shall deem necessary, before submitting a Voting Instruction in connection with the Written Resolution (each as defined in the Notice of Written Resolution).
  • Any questions relating to this Announcement or the Notice of Written Resolution should be addressed to the Tabulation Agent as follows:

Notice of Substitution

Retrieved on: 
Monday, May 22, 2023
LEI, Protected trust deed, Financial Conduct Authority, Schedule 1, Trust, Metrobank, Bank, Trust deed, Tunnel, Security (finance), Note

Metro Bank PLC (“Metro Bank”) today gave notice to the holders of the outstanding 2019 Notes issued by Metro Bank that, pursuant to Condition 18(c)(ii) of the Terms and Conditions of the 2019 Notes (the “Conditions”) set out in Schedule 1 to the Trust Deed dated 17 September 2019 (as amended and restated or supplemented from time to time, the “Trust Deed”), with effect on and from 22 May 2023, Metro Bank Holdings PLC (“Metro Bank Holdings”) was substituted as the new principal debtor under the Trust Deed and the 2019 Notes in the place of Metro Bank.

Key Points: 
  • Metro Bank PLC (“Metro Bank”) today gave notice to the holders of the outstanding 2019 Notes issued by Metro Bank that, pursuant to Condition 18(c)(ii) of the Terms and Conditions of the 2019 Notes (the “Conditions”) set out in Schedule 1 to the Trust Deed dated 17 September 2019 (as amended and restated or supplemented from time to time, the “Trust Deed”), with effect on and from 22 May 2023, Metro Bank Holdings PLC (“Metro Bank Holdings”) was substituted as the new principal debtor under the Trust Deed and the 2019 Notes in the place of Metro Bank.
  • Accordingly, Metro Bank was released from any and all of its obligations as principal debtor under the Trust Deed and the 2019 Notes.
  • Metro Bank has requested the Financial Conduct Authority amend the listing of all outstanding 2019 Notes.
  • No offer of any of the 2019 Notes is being made by Metro Bank and/or Metro Bank Holdings pursuant to this announcement or otherwise.

EQS-News: Polyus Finance Plc: Update on coupon payments in respect of 2028 Notes

Retrieved on: 
Wednesday, November 30, 2022
Growth, RNS, President's Pay Agent, Financial Conduct Authority, London Stock Exchange, United Kingdom, Protected trust deed, Trust deed, National Settlement Depository (Russia), Trustee, London, Russia, ANY, News, OR, Public expenditure, Security (finance), Cryptocurrency, Note, Issuer, Polyus

Terms used but not otherwise defined herein have the meaning ascribed to them in the terms and conditions of the Notes.

Key Points: 
  • Terms used but not otherwise defined herein have the meaning ascribed to them in the terms and conditions of the Notes.
  • The Issuer will continue to make every effort to facilitate the coupon payments by the Paying Agent.
  • The Issuer will provide further updates in case there are developments with facilitating the coupon payments.
  • The Issuer and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

EVRAZ plc announces Consent Solicitation in respect of its outstanding U.S.$750,000,000 5.375 per cent. notes due 2023

Retrieved on: 
Sunday, November 27, 2022
STAC, Direct participation program, Constitutional amendment, The Meeting, Environment, National Settlement Depository (Russia), United Kingdom, Union, Meeting, DTC, Payment, Solicitation, Protected trust deed, Trust deed, Consent, Date, Health professional requisites, Participation, Trustee, ISIN, Appointment, Trust, Foreign, R v Secretary of State for Foreign and Commonwealth Affairs, ex parte Bancoult (No 2), Information, Withdrawal, Extraordinary resolution, Failure, Commonwealth, Amendment, Table (information), Council of Economic and Development Affairs (Saudi Arabia), Cryptocurrency, Security (finance), Online shopping, Property management, Note, Issuer, Euroclear, Limited, Euronext Dublin, EU

All these factors resulted in obstruction of payment processing, limiting the Issuers ability to service its obligations under the Notes.

Key Points: 
  • All these factors resulted in obstruction of payment processing, limiting the Issuers ability to service its obligations under the Notes.
  • Only Noteholders who hold the Notes as of the Record Date may submit a Consent Instruction.
  • The delivery of a Consent Instruction will not affect a Noteholders right to sell or transfer the Notes.
  • A duly executed Consent Instruction shall bind the Noteholder executing the Consent Instruction, and any subsequent registered holder or transferee of the Notes to which such Consent Instruction relates.

EVRAZ plc announces Consent Solicitation in respect of its outstanding U.S.$700,000,000 5.250 per cent. notes due 2024

Retrieved on: 
Sunday, November 27, 2022
STAC, Direct participation program, Constitutional amendment, The Meeting, Environment, National Settlement Depository (Russia), United Kingdom, Union, Meeting, DTC, Payment, Solicitation, Protected trust deed, Trust deed, Consent, Date, Health professional requisites, Participation, Trustee, ISIN, Appointment, Trust, Foreign, R v Secretary of State for Foreign and Commonwealth Affairs, ex parte Bancoult (No 2), Information, Withdrawal, Extraordinary resolution, Failure, Commonwealth, Amendment, Table (information), Council of Economic and Development Affairs (Saudi Arabia), Cryptocurrency, Security (finance), Online shopping, Property management, Note, Issuer, Euroclear, Limited, Euronext Dublin, EU

All these factors resulted in obstruction of payment processing, limiting the Issuers ability to service its obligations under the Notes.

Key Points: 
  • All these factors resulted in obstruction of payment processing, limiting the Issuers ability to service its obligations under the Notes.
  • Only Noteholders who hold the Notes as of the Record Date may submit a Consent Instruction.
  • The delivery of a Consent Instruction will not affect a Noteholders right to sell or transfer the Notes.
  • A duly executed Consent Instruction shall bind the Noteholder executing the Consent Instruction, and any subsequent registered holder or transferee of the Notes to which such Consent Instruction relates.

EQS-News: Mobile TeleSystems PJSC: IMPORTANT NOTICE TO NOTEHOLDERS

Retrieved on: 
Sunday, November 27, 2022
Interest, Condition, Trust deed, Part, Payment, Date, TIMELY, Central bank, Extraordinary resolution, OF, Competence, NOTES, Schedule 4, NSD, National Settlement Depository (Russia), Proxy, Protected trust deed, ARE, Person, ALL, Donald Duck filmography, Section 3 of the Canadian Charter of Rights and Freedoms, Deutsche Bank, Proposal, Loan agreement, Trust, Document, News, Table (information), Principal, Meeting, Solicitation, CB Bank, Trustee, Veni, vidi, vici, Information, Calendar, Sale, RS, Loan, Federation, Business, Security (finance), Property management, Health insurance, Bank, Life insurance, Bookkeeping, Cryptocurrency, Microscope, Lease, EU, Note, Issuer, Limited

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS.

Key Points: 
  • THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS.
  • THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES.
  • IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUIRED TO EXPEDITE TRANSMISSION HEREOF TO BENEFICIAL OWNERS OF THE NOTES IN A TIMELY MANNER.
  • The distribution of this notice and the Consent Solicitation Memorandum to which it relates in certain jurisdictions may be restricted by law.

EQS-News: Mobile TeleSystems PJSC: NOTICE OF MEETING

Retrieved on: 
Sunday, November 27, 2022
Euroclear, DTC, Condition, Trust deed, Trustee Sales Guarantee, Loan agreement, Competence, MTS, Schedule 4, Meeting, Proxy, Protected trust deed, Extraordinary resolution, Tf–idf, Amendment, Agency agreement, Person, Donald Duck filmography, Proposal, Trust, Failure, News, Mechanics, KYC, Acquisition, Principal, Direct Payments, Trustee, Information, RS, Loan, Security (finance), Real estate, Cryptocurrency, Property management, Financial adviser, Memorandum, Note, Issuer, Limited

MTS PJSC (the "Company") hereby requests that the holders of U.S.$500,000,000 5 per cent.

Key Points: 
  • MTS PJSC (the "Company") hereby requests that the holders of U.S.$500,000,000 5 per cent.
  • Terms not otherwise defined in this Extraordinary Resolution shall have the meaning ascribed thereto in the Consent Solicitation Memorandum dated 21 November 2022.
  • 21.11.2022 MSK Dissemination of a Corporate News, transmitted by EQS News - a company of EQS Group AG.
  • The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

PAO Severstal: NOTICE OF MEETING

Retrieved on: 
Wednesday, October 12, 2022
Direct Payments, Information, Severstal, DTC, Securitization, KYC, Person, Russia, Potential, Proposal, Mechanics, Extraordinary resolution, Schedule 5, Loan, Restatement of the Law of Agency, Third, Euroclear, Registrar, Company, Trustee, Negotiation, Trust deed, Acquisition, Protected trust deed, Program, Agency agreement, Amendment, Proxy, Tf–idf, Condition, Trust, Failure, PAO, Competence, Ownership, Principal, Meeting, Security (finance), Property management, Cryptocurrency, Note, Default, Issuer

In accordance with paragraph 7 (Extraordinary Resolution) of Schedule 5 (Provisions for Meetings of Noteholders) of the Trust Deed and Condition 10.1 (Meetings of Noteholders), the Extraordinary Resolution (as defined in the Amended and Restated Principal Trust Deed dated 15 March 2013, as supplemented by the Supplemental Trust Deed dated 16 September 2019 (the "Trust Deed")) shall be passed at a meeting duly convened and held in accordance with the Trust Deed by the affirmative vote of holders of Notes present in person or represented by proxy or representative owning in the aggregate not less than two-thirds in principal amount of the Notes owned by the Noteholders who are so present or represented at the Meeting or such adjourned Meeting.

Key Points: 
  • In accordance with paragraph 7 (Extraordinary Resolution) of Schedule 5 (Provisions for Meetings of Noteholders) of the Trust Deed and Condition 10.1 (Meetings of Noteholders), the Extraordinary Resolution (as defined in the Amended and Restated Principal Trust Deed dated 15 March 2013, as supplemented by the Supplemental Trust Deed dated 16 September 2019 (the "Trust Deed")) shall be passed at a meeting duly convened and held in accordance with the Trust Deed by the affirmative vote of holders of Notes present in person or represented by proxy or representative owning in the aggregate not less than two-thirds in principal amount of the Notes owned by the Noteholders who are so present or represented at the Meeting or such adjourned Meeting.
  • PAO "Severstal" (the "Company") hereby requests that the holders of U.S.$800,000,000 3.15 per cent.
  • Terms not otherwise defined in this Extraordinary Resolution shall have the meaning ascribed thereto in the Consent Solicitation Memorandum dated 12 October 2022.
  • This Extraordinary Resolution and any non-contractual obligations arising out of or in connection with it are governed by, and shall be construed in accordance with, English law.

PAO Severstal: IMPORTANT NOTICE TO NOTEHOLDERS

Retrieved on: 
Wednesday, October 12, 2022
Mission statement, Solicitation, Section 3 of the Canadian Charter of Rights and Freedoms, Global Certification Commission, Proposal, Extraordinary resolution, Loan, Table (information), Trust deed, Program, OF, Payment, NOTES, Person, THE, Date, Restatements of the Law, Company, Central bank, ARE, Trust, Regulatory News Service, Principal, Meeting, Document, Time, Information, Securitization, Schedule 5, Swanson v. Citibank N.A., Protected trust deed, CB Bank, IF, Business, Citibank, Sale, TIMELY, INTO, Euronext Dublin, Trustee, Proxy, Calendar, ALL, Competence, NSD, Security (finance), Property management, Cryptocurrency, Lease, Issuer, Note, EU

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS.

Key Points: 
  • THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS.
  • THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES.
  • IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUIRED TO EXPEDITE TRANSMISSION HEREOF TO BENEFICIAL OWNERS OF THE NOTES IN A TIMELY MANNER.
  • The distribution of this notice and the Consent Solicitation Memorandum to which it relates in certain jurisdictions may be restricted by law.