General Announcement::Resignation of the BNYM Parties

Issuer & Securities

Issuer/ Manager
KOREA HOUSING FINANCE CORPORATION
Securities
KOREAHSE EUR500M0.75%B231030A - XS1900543494 - YMNB
KOREAHSE EUR500M0.75%B231030R - XS1900542926 - JKTB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Sep-2021 12:34:41
Status
New
Announcement Sub Title
Resignation of the BNYM Parties
Announcement Reference
SG210903OTHRJD8F
Submitted By (Co./ Ind. Name)
JUNG IN SONG
Designation
Assistant Manager
Description (Please provide a detailed description of the event in the box below)
The Issuer hereby notifies Covered Bondholders that it has received a resignation letter dated 8 April 2021 from the BNYM Parties, in accordance with Clause 23 of the Trust Deed, Clause 23.2 and 23.7 of the Agency Agreement, Clause 23.4 of the Covered Bond Administration Agreement and Clause 14.1 of the Collateral Account Custodian Bank Agreements.
The BNYM Parties resignation became effective upon the acceptance of appointment by the successor parties in accordance with Clause 23 of the Trust Deed, Clause 23.4 of the Agency Agreement, Clause 23.4 of the Covered Bond Administration Agreement and Clause 14.1 of the Collateral Account Custodian Bank Agreements and execution of associated documentation regarding such appointments.
The Issuer understands that Citibank is willing to be appointed as successor parties and the associated documentation has been executed on 31 August 2021.

Attachments

KHFC 2023 - SGX notice.pdf
Total size =214K