FRN Variable Rate Fix

LONDON--()--

23 September 2014

Issue: VCL MASTERS S.A

2012-2

XS0857705353

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

Date From: 25 September 2014

Date To: 27 October 2014

Record Date: 22 October 2014

Value Date: 27 October 2014

Benchmark Rate: 0.005%

Margin: 0.3%

Total Rate: 0.305%

Number of Days: 32

Day Count: Actual / 360

Interest Frequency: Monthly

Total Amount Due:

EUR 26,975.56

Interest Per 1K: EUR 0.27111116

Pool Factor: 1

Short Name: VCL MASTERS S.A
Category Code: RC
Sequence Number: 435800
Time of Receipt (offset from UTC): 20141006T172017+0100

Contacts

HSBC Security Services

Contacts

HSBC Security Services