Zorba
Bos 4 Mod
Ciao Max,
in un link che aveva gentilmente postato Zorba (3d UK) mi era parso di capire (vado a memoria) che il tender rbs lo potrà lanciare almeno 12 mesi dopo aver ripreso a pagare.....metà 2013 best case
Sbaglio?
Il prospetto sembra andare nella direzione descritta da Bia. La scappatoia per l'OPA potrebbe essere la frase sottolineata.
We will agree in the Guarantees that if any distribution on the
Trust Preferred Securities or Partnership Preferred Securities, as
applicable, for the most recent distribution period has not been
paid in full on the most recent Distribution Payment Date (or a
sum has not been set aside to provide for such payment in full), we
will not redeem, purchase or otherwise acquire for any
consideration any Parity Securities or Junior Securities, and we will
not set aside any sum or establish any sinking fund for the
redemption, reduction, purchase or other acquisition thereof,
unless and until such time as distributions on the Trust Preferred
Securities and the Partnership Preferred Securities in respect of
successive then-current distribution periods which singly or
together aggregate 12 months shall have been paid in full (or a sum
has been set aside to provide for their payment in full).
