Interestingly, BEN seems to have no disclosed exposure on a lending basis to Santos (STO) outside of possibly Adelaide and SA based Santos employees of course. If STO goes bust, it seems that a syndicate of banks lead by ANZ take the heat but not BEN. Does anyone know if that is correct? BEN has no exposure to STO?
Ann: New - Appx 3A.1 Notification of Distribution - BENPB, page-3
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