SYD sydney airport
Add to My Watchlist 0.00% ! $8.72

AIA have confirmed no distributions until 2022 at the...

  1. dinero
    1,418 Posts.
    lightbulb Created with Sketch. 80
    clock Created with Sketch.
    09/04/20
    08:50
    Post #: 43963653
    AIA have confirmed no distributions until 2022 at the earliest.

    This is a condition of convenant waivers.

    Would be ditto for SYD if not more imo.
    Banks and bondholders would probably request a cash sweep as well post the recap.

    AIA had 2.4 bil (1.2 bil post cap raise) debt..... SYD has an astonishing 8.5 bil
    SYD Price at posting: $5.41 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Blue Moon first wedge hole intersects 543g/t gold over 1.2m in laminated quartz vein
right-arrow Created with Sketch.
CC9 Chariot to Acquire Majority Stake in a Nigerian Lithium Portfolio
right-arrow Created with Sketch.
NEWS Rincon Lithium Project to be powered by 40MW energy infrastructure
right-arrow Created with Sketch.
NEWS Exploration drilling confirms large gold system at Abercromby Gold Project
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
right-arrow Created with Sketch.
NEWS Trump just dropped a 200% tariff bomb. Here's how to cash in
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.