In the announcement dated 28 th December it states
(run corp refinances)
It states that nab will extinguish the 35.6 mil for a 20 mil payment.
If you then read half yearly 28 th of feb it states
This includes a net gain of 15 mil due to restructuring finance
Not implying nab took a 15 mil loss they did take a 15 mil dollar loss I had to reread when I first saw it to believe my eyes, go figure how do the banks make record profits.
