Having pledged its receivables, PaperlinX is now down to its lender of last resort - hybrid distributions.
When I used to prattle on about PaperlinX being the first credible hybrid issuer to voluntarily stop distributions, most folk here IMO didn't understand the reputational and historical significance of this act.
It is a first that Harry Boon must regret achieving
SRS Price at posting:
6.5¢ Sentiment: Sell Disclosure: Not Held
