News

What happens to GPG's capital notes?

Wednesday 16th of February 2011

The announcement of its plan for an orderly sell-down of assets and repayment of capital to shareholders mentioned the capital notes only as being among "a number of actual and contingent liabilities" as issues needing to be dealt with.

GPG has two issues of capital notes outstanding, $350 million which mature in November 2012 and pay 8.3% annual interest and $76.9 million which mature i...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.