RNS Number : 7256C
Windermere XIV CMBS Limited
18 April 2013
Headline: Updated Valuation
To: The Irish Stock Exchange Limited
28 Anglesea Street
Attention: Regulatory Information Services
18 April 2013
Windermere XIV CMBS Limited (the "Issuer")
Class A Commercial Mortgage-Backed Notes due 2018
Class X Commercial Mortgage-Backed Note
Class B Commercial Mortgage-Backed Notes due 2018
Class C Commercial Mortgage-Backed Notes due 2018
Class D Commercial Mortgage-Backed Notes due 2018
Class E Commercial Mortgage-Backed Notes due 2018
Class F Commercial Mortgage-Backed Notes due 2018
(together, the "Notes")
The Notes are admitted to trading on the regulated market of the Irish Stock Exchange.
Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003 on insider dealing and market manipulation together with Implementing Directive 2003/124/EC (as implemented in Ireland by the Market Abuse (Directive 2003/6/EC) Regulations 2005) requires disclosure of inside information relating to the Issuer.
Terms used and not defined herein having the meaning ascribed to them in the Prospectus in relation to the Notes dated 27 November 2007.
This notice has been prepared by and issued at the request of the General Special Servicer. The Issuer has not independently verified the information contained in this notice. Accordingly, the Issuer hereby gives notice that the General Special Servicer has informed the Issuer of the following in relation to the QueenMary Whole Loan (the "Loan"):
An updated valuation of the QueenMary Properties, prepared in accordance with the RICS Valuation Standards, has been received by the General Special Servicer (the "Updated Valuation"). The Updated Valuation shows the market value of the QueenMary Properties to be EUR 20,600,000 as at 1 March 2013.
The outstanding loan balance is currently EUR 3,743,428.56.
For queries related to the above please contact: firstname.lastname@example.org.
FOR AND ON BEHALF OF WINDERMERE XIV CMBS Limited
Date of Notification:
This announcement has been issued through the Companies Announcement Service of
The Irish Stock Exchange.
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