another point in the article:
they mention that up to 30% of the headstock has been sold off!!
What!!
CNP could have reduced its LVR by roughly 12% if they could have bought that debt themselves (assuming rounding off to nearest 10 % and so debt being sold off for 60% of principal amount). IMO
I dont get it really.
cba sells debt for 56c in the dollar, page-6
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