ATRIUM-1 N.V./S.A. (the “Issuer”) purchases on closing date a portfolio of Flemish social housing loans from BACOB Bank c.v. Atrium-1 has financed the purchase through the issuance of Class A-1 and Class A-2 notes. Further information can be found in the Prospectus.
Class A-1
Class A-2
Principal amount
2 670 000 000 BEF
4 915 000 000 BEF
Issue Price
100%
100%
Credit Enhancement
None, all bonds rank pari passu
None, all bonds rank pari passu
Interest Rate
5.73 per cent p.a.
7.31 per cent p.a.
Interest Accrual
30/360
30/360
Quarterly Payment Dates
Interest and principal will be payable quarterly in arrears on the eighth (8th) day of January, April, July and October of each year (or the following Business Day if such day is not a Business Day), commencing on the Quarterly Payment Date falling on 08 July 1996