First Ranking Notes (aka Secured Notes)
Exemption Date – 13 October 2011
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
44% |
of the face value of the investment |
13 October 2011 |
|
42.4% |
of the face value of the investment |
30 April 2012 |
|
Income Value |
||
|
0% |
no actual income is being paid |
13 October 2011 |
Note: As each debenture stock holder has received the following capital returns:
- Original estimated return of 44% announced from effective date 13 October 2011
- 0.016% of the face value of the original investment amount paid on 30 April 2012
You must find out how the capital return was reinvested or disposed of prior to reducing the asset value of the existing G R Finance First Ranking Notes as at the date of each capital return.
The Liquidator has advised there will be more distributions to come, the exact dates and amounts are unknown at this stage.
Unsecured Notes
Exemption Date – 13 October 2011
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
10% |
of the face value of the investment |
13 October 2011 |
|
Income Value |
||
|
0% |
no actual income is being paid |
13 October 2011 |
- Original estimated return of 10% announced from effective date 13 October 2011
The Liquidator has advised that no interim distributions will be paid for the Unsecured Notes until the First Ranking Notes have received all of their capital returns.