According to an article by Proactive Investors that was...

According to an article by Proactive Investors that was mentioned on another thread, "The expectation is that the subordinate, hybrid, facility could be announced as soon as the end of January 2012, and formally close concurrently with the Senior Debt, although the latter is subject to macro economic conditions."

Well, there is less than three weeks left in January! IMHO, confirmation of the hybrid facility and the price of the placement will put a rocket under the sp. In my opinion, if there was ever a time to top up your holding, it's now. Good luck to all holders.