MUE 0.00% 7.1¢ multiplex european property fund

good value, page-8

  1. 189 Posts.
    I confirmed they are non recource with mgt. It was amazing the banks agreed to release the hedge without any sweetener from MUE. Yes if we breach a lending covanant they would sweep the excess rent and in effect stop the quarterly distributions. But they cant get their hands of the $75million.
 
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Currently unlisted public company.

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