MDT macquarie ddr trust

2 days before the ann this comment

  1. 14,371 Posts.
    lightbulb Created with Sketch. 4275
    FROM TODAYS ANN :

    No info on new terms and conditions ? Doesn't sound good.



    If successful, it will
    allow the Trust to, over the medium
    term, divest certain assets and use
    these proceeds to repay debt and
    reduce gearing.
    Notwithstanding this, there can be
    no assurance given that a successful
    outcome will be negotiated. If the
    lenders call default, it will have
    a significant negative impact,
    potentially resulting in the loss of
    value for unitholders.
    Although terms have not been
    agreed, the Trust has demonstrated
    its willingness to improve the lenders’
    position through utilising cash
    earnings and asset sale proceeds to
    reduce debt balances while seeking
    to protect unitholders’ interests.


    I was thinking of buying, but that scares me.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.