I think you are correct in your statement here Awoonga, in fact from memory it was a line included in the qtr activity published 30th April this year that I think made first reference to the syndicated part of the loan. Now this could have been simple oversight on behalf of AVB who I assume had some term sheet from BV which effectively said we will deal with the US$58 "our job" etc how they actually do the loan management was not too important at that time. I guess later BV updated them on how it was to be done and hence AVB popped it into the qtr. But I will say it is not an insignificant item and one which perhaps should have been included in the original statement, unless this was something they were not aware of, someone will know this and I am sure can also test my dates.
- Forums
- ASX - By Stock
- AVB
- Brazilian bank article
Brazilian bank article, page-60
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)