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.
RPF Price at posting:
6.0¢ Sentiment: ST Buy Disclosure: Held