Minimum Transferor Interest
25 September 2001 - 5:05PM
UK Regulatory
RNS Number:5094K
Chester Asset Receivables Deal No.7
24 September 2001
Chester Asset Receivables Dealings No.7 Limited
Chester Asset Receivables Dealings No.7 Limited (Registered No. FC85003)
Pursuant to the Master Definition Schedule dated 3 August 1995, as amended on
20 June 1996 between Credit Card Securitisation International Limited and MBNA
Europe Bank Limited relating to the Declaration of Trust and Servicing Agreement
and the Receivables Securitisation Agreement, the Company hereby announces that
the Minimum Transferor Interest for the UK Receivables Trust will be reduced to
4% with effect from 24 September 2001 and confirms that it has received
confirmation from the relevant Rating Agencies that such change will not affect
the current rating of the Company's Notes.
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