ANZ vague on funding for huge UDC debenture payout
Meeting date set for investor vote.
UDC debenture holders will meet on June 21 to vote on a change to their trust deed requiring repayment of about $1.6 billion of debenture stock.
The repayment is part of UDC’s sale by owner ANZ bank to a subsidiary of China’s HNA Group, Amsterdam-based Tip Trailer Services.
In the notice of
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Tim Hunter
Mon, 29 May 2017
Mon, 29 May 2017
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ANZ vague on funding for huge UDC debenture payout
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