It is a coincidence. A lot of thought went into the % discount the timeframes and the % of the loan book to offer under this discount. There was not a lot of thought given to the bond in relation to this decision so any similarity is a complete coincidence. The actual number was something more like $3.45M so we just rounded it out to $3.5M for the sake of simplicity.
LIve Q&A Session on ELF Incentive Program Announcement - 7pm tonight, page-15
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