FRN Variable Rate Fix

LONDON--()--

20 June 2014

Issue: VCL MASTERS S.A

2012-4

XS0857706161

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 25 June 2014

Date To: 25 July 2014

Record Date: 22 July 2014

Value Date: 25 July 2014

Benchmark Rate: 0.108%

Margin: 0.3%

Total Rate: 0.408%

Number of Days: 30

Day Count: Actual / 360

Interest Frequency: Monthly

Total Amount Due:

EUR 52,258.00

Interest Per 1K: EUR 0.34

Pool Factor: 1

Short Name: VCL MASTERS S.A
Category Code: RC
Sequence Number: 422025
Time of Receipt (offset from UTC): 20140623T144019+0100

Contacts

HSBC Security Services

Contacts

HSBC Security Services