MXU multiplex sites trust

MXUPA at $95 - all time high, page-10

  1. 78 Posts.
    Redemption is up to the Directors, who of course are nominees of the parent company - there is nothing in the original prospectus forcing redemption. I doubt that they will want to maintain the property trust structure once all assets are disposed of. And I think that they will be happy to be rid of this legacy hybrid - I'm guessing it is a minor blot on their credit reputation. My opinion only.
 
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