LONDON - NewDay Partnership Master Issuer PLC has announced the appointment of Lenvi Servicing Limited as the backup servicer for its series of asset-backed floating rate notes due in 2031. The notes, which have a combined value of £331,450,000, are part of a securitization structure detailed in the Base Prospectus dated June 27, 2023, and include four classes of notes with varying denominations and ISINs for both Regulation S and Rule 144A.
The appointment is part of the company's ongoing management of its securitization activities and is aimed at ensuring continuity of service for the notes' holders. The Receivables Trustee facilitated the appointment, further strengthening the operational framework supporting the notes. The details of the arrangement can be found in the Base Prospectus and the Transaction (JO:TCPJ) Documents, which are available for inspection as specified in the notice and online on NewDay's investor relations website.
Current noteholders and interested parties are directed to the London Stock Exchange (LON:LSEG)'s website and NewDay's investor relations webpage for further details and documentation related to this announcement. The Issuer has provided contact information for noteholders who may have inquiries regarding this notice.
This development is significant for registered and beneficial owners of the notes, as well as the broader asset-backed securities market, signaling NewDay's commitment to maintaining robust servicing solutions for its financial instruments. The information for this article is based on a press release statement from NewDay Partnership Master Issuer PLC.
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