16th Jun 2014 17:56
PHP Bond Finance plc
£70,000,000 Floating Rate Guaranteed Secured Bonds due 2025 (the Bonds)
Notice to Bondholders
In accordance with Clause 10.2 of the Agency Agreement dated 4 November 2013 (the Agency Agreement) made between PHP Bond Finance plc (the Issuer), Primary Health Properties PLC (as Guarantor), U.S. Bank Trustees Limited (as Trustee) and Elavon Financial Services Limited (as Principal Paying Agent and Agent Bank), the Issuer hereby gives notice to Bondholders that in accordance with the Conditions of the Bonds, the Final Instalment in respect of the Bonds is due and payable on the Final Instalment Payment Date, being 30 June 2014.
The Issuer confirms that on the Final Instalment Payment Date, the Issuer will be in compliance with the Periodic Asset Cover Test and the Periodic Income Cover Test.
Terms used in this notice should have the same meanings as in the Agency Agreement, unless the context otherwise requires.
More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk
Primary Health Properties PLC +44(0) 20 7451 7050
Harry Hyman, Managing Director
Phil Holland
Bell Pottinger +44(0) 20 7861 3232
David Rydell / Victoria Geoghegan / Elizabeth Snow
Independent Debt Capital Markets +44(0) 20 7054 0500
Stuart Bell, Elise Huttenga
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