GMG 2.30% $36.56 goodman group

JintaoSee below (page 34 of Dec 08 presenentation), for...

  1. 656 Posts.
    Jintao

    See below (page 34 of Dec 08 presenentation), for receivers to be appointed a company must be insolvent; unable to pay there debts as and when they fall due.

    The refinancing in May 09 worst case is covered by available facilities of $842M and undrawn equity of $1.3B in the trusts.

    Can you please tell me from the following how they are insolvent?



 
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