Grevenmacher, 22nd June 2026
AAFS Securitisation S.A. (the “Company”) gives notice to all holders of the AAFS-Bonds of the maturity with a mandatory and worthless redemption of the bonds, due to a total default of GloPet Capital Corp Limited.
GloPet Capital Corp Limited (Issuer of the Underlying Assets) was unable to comply with its duties and to maintain good standing. Pursuant to point 1.3 of the Terms of Issue, a “Event of Default” has occurred.
Pursuant to points 1.3, 9 and 13 of the Terms of Issue, the Issuer is unable to pay any net proceeds resulting from the realisation or disposal of the Underlying Assets in the entity GloPet Capital Corp Limited to the holders of the AAFS-Bonds.
The AAFS-Bonds will be redeemed worthless from the securities accounts of the holders of AAFS-Bonds via the Clearing Agent.
Upon collection of the AAFS-Bonds by the Clearing Agent, the Issuer will be released from its obligations under the Terms of Issue.
Details of this maturity and Credit Event are available at the registered office of the Issuer.
For more information about this Compartment, please review the Announcement.
Issue Date: 29th June 2021
Servicer: AAFS Services S.A.
Securitisation Platform: AAFS Securitisation S.A.
Compartment: GloPet Finance
Compartment No.: Compartment 21/01
ISIN: CH1108674073
VALOR: 110867407
WKN: NA
AAFS Services S.A.
Remko van Ekelen, Hans Herrmann, Stephan Blohm