So the subsidiary will sell all of the secured notes after the sale of the USG business.
Total US$450M from the $1.3B sale.
Is the sale of these secured notes going to add extra cash to the business or is the 450M already calculated as part of the 1.3B?
This is also inline with their debt reduction strategy, my question is who will pay the yield on the secured notes once they are bought since the US business has been sold.
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