Clavis plans optional redemption for eight series of notes in August

By Mary-Katherine Stinson

Lexington, Ky., July 29 – Clavis Securities plc said it currently expects to redeem notes from eight series in August, according to an announcement.

The notice refers to the following notes:

• £125 million class A3a notes due December 2031 (ISIN: XS0255457706);

• €181.95 million class A3b notes due December 2031 (ISIN: XS0255438748);

• £12.25 million class M1a notes due December 2039 (ISIN: XS0255424441);

• €45 million class M1b notes due December 2039 (ISIN: XS0255439043);

• £24 million class M2a notes due December 2039 (ISIN: XS0255425414);

• £2 million class B1a notes due December 2039 (ISIN: XS0255425927);

• €16.8 million class B1b notes due December 2039 (ISIN: XS0255440728); and

• £8.1 million class B2a notes due December 2039 (ISIN: XS0255426818).

If Clavis does decide to exercise its optional redemption right, all the notes will be redeemed on the September interest payment date.

Based in London, Clavis is the issuing company for Basinghall Finance Ltd.’s securitization funding platform.

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