AFG 2.23% $1.38 australian finance group ltd

to dlo,ps"I'm not too familiar with the capital structure of...

  1. 64 Posts.
    to dlo,
    ps
    "I'm not too familiar with the capital structure of these notes, but would assume noteholders are senior to equity so AFG would have to go to zero before notes take a hit?"

    As far as I know, this is correct. Also there is a "reset" at 2012, so one can withdraw funds at that time (if company still in existence.)

    EoaC

    Hold AFGHA not AFG
 
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