3million won by Dublin Prize Bond holders
so far this year.
Hodgman said he feels for the 17,000 bond holders
who will be upset by the ruling.
It also emerged today that bond holders
in the group, which has already axed about 1,200 staff in Liverpool and announced 250 more job losses recently, want a say in how the business is run.
It added that in a potential restructuring of the balance sheet, tangible assets may not ensure meaningful recovery for bond holders
This is good news for Bond holders
, as the new odds are considerably better than this month's odds of one in 22,320.
The company said it had only just handed over revised restructuring proposals agreed in principle with its banks and bond holders
to everyone involved and they needed more time to consider the changes.
The Japanese Princeton bond holders
continued to receive their balance sheets presenting their account status as of the end of July this year, but their individual accounts were attached to the PEI master account in late March, the sources said.
Tax-exempt bonds carry lower interest rates than conventional financing, since the bond holders
do not have to pay income taxes on their interest income.
The former Newcastle United manager's evidence came during the second day of a hearing in which six bond holders
have told Mr Justice Blackburne that the club is "wrongful and unlawful" in attempting to move them from their seats to build a hospitality unit.
Convertible bonds were issued to raise money in a bid to cut fund-raising costs in the late 1980s when the stock market was booming, spawning expectations it would remain strong and that bond holders
would convert them into stocks, freeing the issuing companies of interest-payment obligations on the bonds.
The transaction is subject to a number of conditions, including, but not limited to, the negotiation and execution of a definitive acquisition agreement, completion by National Coal of its due diligence of the assets and properties to be acquired, National Coal obtaining financing to consummate the acquisition, approval of the transactions by the boards of directors of National Coal and the seller, and receipt of required third party consents and approvals, including consents of National Coal's senior secured lender and bond holders
THE list of the Anglo bond holders
must be published immediately so taxpayers can see who they are being forced to help by Fianna Fail, it was claimed yesterday.