TIM 0.00% 4.4¢ timbercorp limited

reprice of long timpb short tim strategy , page-7

  1. 2,123 Posts.
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    NeilN,
    BEPPA is showing 51% per annum at 45 cents entry. MXUPA is showing 59% per annum at 60 entry. BEPPA requires a 4 year hold to Jul 2012. MXUPA is April 2010 (18 months); BEPPA converts to BBI equity MXUPA will be exchanged for cash. And MXUPA has a 2% step up if credit crisis still exists in 2010.
 
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