
News
Rates Round Up
Sunday 21st of June 2009
Glimmer of hope for Macquarie's Fortress notes
Macquarie Fortress Investments, the trustee for Macquarie New Zealand Fortress Notes Trust, estimates the net asset value of the portfolio's senior loans was up 900% to around 9 cents per unit since the last estimate.
The notes have been languishing around zero cents since last October when investors were told the glob...
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3 min read