RNS Number : 3787R
ING UK Real Estate Income Trust Ltd
29 April 2009
 



FOR IMMEDIATE RELEASE

29 April, 2009


ING UK Real Estate Income Trust Limited

(the "Company")



Update on Proposed Re-structuring of the Company's Securitised Loan Facility


Further to the announcements made on 17 April 2009, the Company announces that the following has taken place:

  • The notice of noteholder meeting regarding the proposed re-structuring of the Company's securitised loan facility was posted on 20 April 2009 convening a meeting of noteholders for 12 May 2009 rather than 13 May 2009 as previously anticipated; and

  • Standard & Poor's and Fitch have both confirmed that the revised proposals, as set out in the notice to noteholders dated 20 April 2009, if approved by noteholders, will not affect the current 'AAA' ratings on the related secured notes.

Copy of the notice to noteholders is now available on the Company's website - www.ingreit.co.uk.


For further information:


ING Real Estate Investment Management (UK) Limited

Michael Moris, 020 7767 5648, michael.morris@ingrealestate.co.uk

Helen Stott, 020 7767 5648, helen.stott@ingrealestate.co.uk


All Enquiries:


The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

01481 745814


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