Change of interest rates n period

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(29-04-2013, 02:15 PM)test88 Wrote: Hi guys,

Hope someone can enlighten me on this. I bought Aspial bond not too long ago and have recently received a letter from them asking me to vote (as a holder of the note) on changes of the bond they intend to implement. As it contains lots of jargon, what I could roughly gather is a proposal to change the coupon rate higher and extending the maturity period. My 1st qns is, is this normal of an issuer to propose such changes? What things should I note/consider when making my decision?

Thanks,
test

go ahead and reject them... you have nothing to lose and much to gain since if they change their mind, they will try to entice you with much higher interest rate
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Messages In This Thread
Change of interest rates n period - by test88 - 29-04-2013, 02:15 PM
RE: Change of interest rates n period - by sgd - 29-04-2013, 02:22 PM
RE: Change of interest rates n period - by safetyfirst - 29-04-2013, 11:12 PM

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