TMCnet News
NOTICE OF REDEMPTIONNOTICE IS HEREBY GIVEN that, pursuant to Sections 3.01, 3.03, and 3.07(b) of the indenture dated as of February 7, 2012 (the "Indenture"), among, inter alios, UPCB Finance VI Limited, as issuer (the "Issuer"), and The Bank of New York Mellon, as trustee (the "Trustee"), transfer agent and as paying agent (the "Paying Agent"), and paragraph (vii)(a) of the Notes issued thereunder, the Issuer has elected to redeem and will redeem (the "Redemption") 10% of the original aggregate principal amount of the Notes on the Redemption Date (as defined below), at the redemption price of 103% of the principal amount of the Notes to be redeemed plus Additional Amounts (as defined in the Indenture), if any, plus accrued and unpaid interest to the date of the Redemption (the "Redemption Price"). The date of the Redemption will be August 24, 2016 (the "Redemption Date"). The record date will be August 23, 2016, which is one Business Day prior to the Redemption Date. Unless the Issuer defaults in paying the Redemption Price, interest on the Notes will cease to accrue on and after the Redemption Date, and the only remaining right of the holders of the Notes after the Redemption Date shall be the right to receive payment of the Redemption Price upon surrender to the Paying Agent of the Notes. The Notes must be surrendered to the Paying Agent to collect the Redemption Price at the following address:
The Bank of New York Mellon
By: UPCB Finance VI Limited, as Issuer
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