AFG 1.08% $1.37 australian finance group ltd

andybroady, the prospectus seems to suggest they cannot vary the...

  1. 806 Posts.
    andybroady, the prospectus seems to suggest they cannot vary the terms of the notes until the first reset date (in 2012) and also that they have to pay a premium (up to 4%) in the first 4 years to buy the notes back.

    However, I suppose if things got very messy then the sort of offer you are talking about is possible but I cannot see it happening in the short term.

 
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