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Published on 3/29/2012 in the Prospect News Liability Management Daily.

Pendeford offer extended for £300 million mortgage-backed notes

By Susanna Moon

Chicago, March 29 - Pendeford Master Issuer plc holders now have until noon ET on April 16 to tender their £300 million of 2007-1 series 5 class A mortgage-backed notes due August 2022.

Bank of Scotland plc notified the London-based issuer that it extended the offer to purchase the notes at par pus accrued interest, according to a press release.

Deutsche Trustee Co. Ltd. is the trustee.

Lloyds Bank is the dealer manager.


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