gnspa, page-86

  1. 3,952 Posts.
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    lordolean - not quite. GNSPA rank ahead of GNS ords in a windup scenario. If GNSPA dont get paid out face value in a windup - GNS ords holders get zilch. A big difference.

    The added advantage is GNSPA are still being paid distributions.

    Cant see any reason to switch into the ords when the hybrids are priced so low.
 
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