Ann: Doray Increases Strategic Land Position , page-25

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  1. 8,616 Posts.
    lightbulb Created with Sketch. 87
    " hedge book is a requirement of the lender CBA"

    No CBA didn't require a hedge as art of their package (though they'd probably ask for one now if they had to do it again). Was just a smart move by DRM.

    I do not think they have any further currency hedging.

    Cdchi1
 
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