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Information Disclosure to Bondholders of the IL Fund
Globenewswire· 2025-10-09 15:35
Since 2020, the IL Fund has been undergoing a winding-up process, with the government working to create conditions that would allow for the fund’s dissolution. A proposal for the settlement of HFF bonds was presented to creditors earlier this year and received majority approval from bondholders, which also bound all holders to the agreement to exchange HFF bonds and other assets. Through this settlement, approximately 97% of the fund’s debt was resolved. Bondholders of other liabilities were subsequently i ...
Notice of additional Housing bond calls to be paid on 15 December 2025
Globenewswire· 2025-10-09 15:32
The IL Fund, pursuant to the Housing Act No. 44/1998, is authorised to make additional calls of Housing Bonds. This authorisation corresponds to the authorisation of real estate mortgagors to make additional payments on their morgages or to repay the debt in full prior to maturity. Provisions to this effect have existed in housing affairs legislation ever since the adoption of Act No. 75/1989, which established the Housing Bond system. By virtue of the above, the IL Fund has arranged for an additional draw ...