Hi AICp Thanks for writing earlier to FH and posting the reply -...

Hi AICp

Thanks for writing earlier to FH and posting the reply - much appreciated. Every bit helps.

The only Brazilian Bank that could hold this up is Bradesco ... and simply because they are one of the two major secured creditors. Noting too - and pure speculation here on my part - that Bradesco now feels like a glove puppet with the hand of the Brazilian government up its clack that is in turn insisting on a better deal for the locals before anything is agreed to: And that's more than likely the stumbling point.
Better for us the longer this drags on because once this deal's "done and dusted" there's nothing left for us or the remote chance remaining that MBN will be sold for more or even relist.

Regards, LP