Westpac coming to the party! US XCP refinancing will be given asssitance by WBC to the tune of up to 1.5 billion and will lead syndication! The loan book is worth big $$$ which RHG has retained for future earnings - I would expect insto's to be back in on this news....
Well done on both WBC and RHG for acting fast to place the Company out of the hands of a few well heeled predators.... Maybe NAB will come back with a better offer...
Great news - I am definately in for some more as this is in recovery mode well and truely.
Regards GOV
us xcp
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