ppx not expected to redeem pxupa in 2012: afr

I just came across this article in relation to Sydney Airport redeeming their SKIES hybrids. It's written on the 4th July, 2011, so it's current.

http://www.afr.com/p/markets/dealbook/sydney_airport_redeems_hybrids_wdmzxJm2PzgPpZLIrBjsRL

It says, in relation to PPX/PXUPA:

"Struggling Paperlinx is widely expected NOT to redeem $285m of hybrids when they are due for redemption in June 2012."
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There we have it. More % in distributions?

Also, ANN in PXU re GS not being a substantial holder anymore. They now have less than 5%, meaning we won't know how much they are selling anymore, except by adding them up.