TIM timbercorp limited
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todha, page-7

  1. primaus72
    3,952 Posts.
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    02/08/09
    15:48
    Post #: 5459603
    TODHA have first mortage against the two land titles and assets (excluding crops). All other debt (unit and annuity bonds) are subordinate.

    As a TODHA holders will have to receive face value ($100) plus all interest before any other subordinated debt/equity (units and annunity bonds) are paid out.
    TIM Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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