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CPUK Finance (2017) Ltd (A4 B3 B4): 03 June 2017

Center Parcs announced that it has priced a Class A4 tranche (to be consolidated and form a single series with the original A4 offering) and additional Class B3 and Class B4 tranches. The proceeds of the offering will be used directly, or indirectly, to:

i. Redeem the issuer’s outstanding Class B2 notes
ii. Make a distribution to shareholders
iii. Make a distribution out of the whole business securitisation structure restricted group, the proceeds of which will be used to fund the development of Longford Forest, Center Parcs’ sixth holiday village which is currently under development