Examples of Growth Housa in a sentence
Castle Trust Growth Housa PC (the “Cell”), is a cell of Castle Trust PCC (the “PCC”).
Castle Trust acts as counterparty in each of the Income Housa, Growth Housa, Foundation Housa and Fortress Bond transactions through the provision of investment products which generate the relevant return.
Aside from the Income Housa, Growth Housa and Foundation Housa products (described below), discussions of new products are currently only at the exploratory stage and no decisions have yet been taken in respect of any products that might be offered or the structures that might be used for these products.
On 4 October 2012 the Group launched two products, an Income Housa and a Growth Housa.
The Growth Housa is an investment product which is designed to grant the investor exposure to the potential growth or fall of the HHPI over the life of the product.
Maturity Period of Loan Note Income Housas: Nominal and fair values for the Growth Housa tranches issued in the period: Maturity Period of Loan NoteNominal ValueFair Value ££5 year October 20122,4252,4365 year November 201230,00030,2315 year November 201219,40019,40710 year December 201215,00014,987 66,825 67,061 Growth Housas The Growth Housas are Participating Preference Shares of Castle Trust PCC and were first listed on the Channel Islands Stock Exchange on 4 October 2012.
The equity capital of Castle Trust is materially larger than the aggregate Income Housa and Growth Housa issuances.
As at 31 March 2013Notional Amount Fair Value ££Liability to Income Housa customers66,82567,061 Liability to Growth Housa customers 353,080 355,293 419,905 422,354No comparatives are shown for this note, as these liabilities arose after 4 October 2012 when the Group first listed its investments.
As with the Income Housa, the Growth Housa is an investment product which is designed to grant the investor exposure to the potential growth or fall of the HHPI over the life of the product.
Introduction 1.1. This document contains the general terms and conditions (the “Housa Terms and Conditions”) applicable to our Converted Income Housa and Converted Growth Housa (each a “Product” and together the “Products”).