The trading price is more for the bond holders
to worry about.
Representatives of the bond holders
were denied access in the building, where they were supposed to meet with bank officials.
A source close to the creditors told Reuters that bond holders
were considering claiming the Egyptian assets of Dana Gas, which were used as security against the issue.
In accordance with regulations, the Bond certificates were distributed to their holders and the surplus was distributed among all the subscribed banking entities, allowing for the first General Assembly for the bond holders
to convene in Ramallah today.
This year will be yet another big winning year for Prize Bond Holders
as we expect to award more than EUR40million worth of prizes in 2011.
Those bond holders
that have not yet provided bank account information should turn to one of the commercial banks of the Republic of Macedonia and fill in the required forms.
Under terms of the extension, the bond holders
and Bond Indenture trustee agreed to extend the waiver of a default arising from the inclusion of a going concern explanatory paragraph in the independent auditor's report on the company's financial statements for 2009, any default arising from the company's failure to comply with the minimum liquidity requirements set forth in the Bond Indenture, and other technical defaults under the Bond Indenture.
The Company has issued a redemption notice to the Bond Holders
by exercising this right under the terms and conditions of the issue.
Premium Bond holders
can check if they are owed money by either visiting www.
TWO Premium Bond holders
have each won pounds 1 million in February's double jackpot.
Despite talks with creditors, bond holders
, convertible bond holders
and shareholders, the company has been unable to secure a solution to its financial situation.
Ensuring that the collateral was separated from the issuer such that it would be available to fund principal and interest (P&I) payments to bond holders
in the case of a bank insolvency; and