Does anyone know the story behind the $1.3B Promissory Note in the current assets of the Brookfield Multiplex Proprty trust??
I know it was issued for shares in place of an interest bearing debt to Brookfield Multiplex or such. Is it a "real" asset? Will it actually ever be paid in cash for liquidity purposes or is it a worthless peice of paper from a related entity that will fall over if called during a crisis??
Appreciate any thoughts as it has a large impact on the stated gearing levels of course. Also anyone have any thoughts on their chances of rolling over $1.5B in debt during the next 18 months?
cheers
- Forums
- ASX - By Stock
- MXG
- mxupa presso and conf call
MXG
multiplex group
mxupa presso and conf call, page-27
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MXG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online