CIY city pacific limited

fmf redemption, page-2

  1. 78 Posts.
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    Hi George43,

    Not sure when you'll get the redemption...the fact that CIY have managed to get 100 million into the fund via Fortress suggests all is not lost.

    I reckon the majority of posters on here are shareholders rather than members of the mortgage fund...we'd be curious if you actually received your monthly distribution...if you did, then that's certainly a good sign. CIY have confidently stated on a number of occasions that they will repay the CBA on time - if so, and if they do get the expected inflows from their various investments, then you should be okay. Let us know if you don't get your usual distributions in the meantime...
 
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