RPF 0.00% 2.5¢ redcape property group

Ann: Market Update - Sep11 Loan Amortisation Targ, page-3

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  1. 544 Posts.
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    re: Ann: Market Update - Sep11 Loan Amortisat... I think the key will be that they will need 2/3 of the seior syndicate to force accelerated payment of the loan etc

    With ANZ being a senior and junior they would not be too keen on this you would think

    So to my reading it looks like a stalemate unless goldman pressure enough of the senior syndicate to agree to accelerate - but knowing what they want to achieve I guess they could always purchase more of the senior debt even at full value to get what they want.
 
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