REG - NATS En Route PLC - Notice of redemption of bonds

Bank Of New York MellonAnnouncement

08/06/2021 16:50

RNS Number : 2182B
  
NATS (En Route) PLC
  
08 June 2021
  
 

 
For immediate release

8 June 2021
 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
NOTICE OF REDEMPTION TO THE BONDHOLDERS OF
 
£600,000,000 5.25 per cent. Guaranteed Secured Amortising Bonds due 2026 
ISIN XS0174424902
(the "Bonds")
issued by NATS (En Route) plc (the "Issuer")
 
We refer to the Bond Trust Deed dated 18 August 2003 between the Issuer and The Bank of New York, London Branch as note trustee (the "Bond Trust Deed"). Capitalised terms not otherwise defined herein shall have the meanings ascribed to them in the Bond Trust Deed. 
NOTICE IS HEREBY GIVEN that, today, the Bonds have been redeemed in whole pursuant to Condition 7.2 (Redemption at the option of the Issuer) of the Terms and Conditions of the Bonds at 115.1193% together with interest accrued up to, but excluding, today's date. 
 
 
Important information
Please note that nothing in this document is intended to amount to an invitation or inducement to engage in investment activity. Nothing in this document amounts to the giving of advice. If you are in any doubt as to the action you should take, you should consult a professional adviser.
ENDS
 
Note to editors: For more information contact the NATS Press Office on 01489 615945 or email press.office@nats.co.uk. 
 
About NATS 
NATS is a leading air traffic management and solutions company, established in the UK in 1962 and operated as a partnership principally between the government and The Airline Group Limited since 2001.
 
NATS handled 2.6 million flights in 2019, before the pandemic, providing en-route air traffic management across the UK and the eastern North Atlantic from its centres at Swanwick, Hampshire and Prestwick, Ayrshire. 
 
For more information visit the NATS website at www.nats.aero

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  END
 
 
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