IMF 0.28% $3.60 imf bentham limited

Ann: Launch of Bentham IMF US Investment Vehicle, page-11

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  1. 7,445 Posts.
    Yeah lets hope the Class B's hold no voting rights, either normally OR when in say, their "capped priority" is perhaps in default?

    See why I dislike "Special Purpose Vehicles" - as they immediately introduce a new, and unnecessary vernacular.

    "Capped priority" "Stock" have special purpose meanings - within the new entity.
 
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