Cwnha

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Another reading of the deed shows that under the definitions of a "change of control event" a privatisation by James Packer or his associated companies or relatives is specifically excluded from being a change of control event so no issue about payment of the redemption amount.

Furthermore the redemption amount when redeeming the notes is specifically stated as being $100 per note plus unpaid interest plus premium interest if after the first call date.

Check it out the Deed is on Etrade's website under Crown news listings