AFG 2.23% $1.38 australian finance group ltd

one week to go, page-14

  1. 64 Posts.
    to dlo,
    ps
    "I'm not too familiar with the capital structure of these notes, but would assume noteholders are senior to equity so AFG would have to go to zero before notes take a hit?"

    As far as I know, this is correct. Also there is a "reset" at 2012, so one can withdraw funds at that time (if company still in existence.)

    EoaC

    Hold AFGHA not AFG
 
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