AFG 2.84% $1.63 australian finance group ltd

likelihood of getting next coupon payment, page-4

  1. 1,539 Posts.
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    AFG only wears a 2% interest penalty for deferring the AFGHA coupon payment. But that may be irrelevant anyway, if the directors decide the company isn't solvent any more.

    This is on the edge - there's a good reason there's only $50 million of equity and the subordinated debt is trading at 10c!
 
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