24th Feb 2006 18:05
Dragon Finance B.V.24 February 2006 £102,450,000 Class A Secured Floating Rate Notes due 2023 (Common Code: 011656366; ISIN: XS0116563668) (the "Class A Notes") £30,000,000 Class B Secured Floating Rate Notes due 2023 (Common Code: 011656439; ISIN: XS0116564393) (the "Class B Notes") £100,000,000 Class C Secured Floating Rate Notes due 2023 (Common Code: 011656455; ISIN: XS0116564559) (the "Class C Notes") issued by Dragon Finance B.V. (the "Issuer") The Issuer notes the announcement today by J Sainsbury plc of its proposed new long-term financing arrangements through the issue of two Commercial Mortgage Backed Securitisations. The Issuer confirms that it is in discussions with regard to seeking changes to its existing transaction that would allow the ratings of the Class A Notes and the Class B Notes to be reassessed in order to be rated independently to the ratings of J Sainsbury plc. It is intended that the Class C Notes will continue to be unrated. This Notice is given by Dragon Finance B.V. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's