The trustee is in the process of evaluating available alternatives to pursue on your behalf," the bank's corporate trust service said in a letter to bond holders
, who injected cash into the business in return for staged repayments, have so far been excluded from rescue talks.
Prize Bonds are a state savings product which, instead of paying interest, offers bond holders
the chance to win cash prizes every week.
When a Bond holder
dies, the bonds can be cashed in by the beneficiary or executor of the estate.
I feel that justice is not being done,'' added Sam Epstein of North Hollywood, a bond holder
who lost $65,000.
tribune news network Doha Ooredoo, the dual-listed company on both the Qatar Stock Exchange (QSE) and the Abu Dhabi Securities Exchange, on Monday announced that its wholly-owned subsidiary Ooredoo International Finance Limited will pay its Global Term Medium Note (GMTN) interests to bond holders
on December 11 and December 12 this year.
14m to bond holders
twice a year despite worse than expected results in its most recent accounts.
will be paid interest once every six months at a rate linked to inflation in Hong Kong, subject to a minimum rate of 2.
The corporation's failure to pay interest and complete bond redemptions is an event of default under the bonds and bond holders
will have the option to commence legal action against the corporation.
A PROTEST by outraged bond holders
outside the Bank of Cyprus' (BoC) main offices in Nicosia once again turned violent on Monday after windows were smashed and employees threatened.
A scrutiny of the details of the so-called refund of money by Sahara to bond holders
led to fictitious names and addresses.
The proposal is for the CoCos to be converted to BOCY shares at the current market price and bond holders
to get a 4% interest coupon from a support fund.