i did a bit more digging and have come to the conclusion the reporter made a mistake associating RNY with the sale.
RNY has made no sales lately.
And yes as discussed I have confirmed the unencumbered debt can be used if so required for the up coming refinancing.
Be interesting if Carl Icahn knows that RNY is only capped at A$12M now, a steep drop about 1/30th compared with how much he wanted it for a few years back.
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