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This type of investment is more accurately called a minibond. Unlike a regular corporate bond, they are not listed on any exchange, so investors cannot trade or sell them. This means that once you ...
Peter Chan Kwong-yue, who represents many Lehman minibond holders, said the value of the underlying assets was continually falling and might be far less by the time compensation was made.
Lawyers for the minibond holders asked the bankruptcy court not to approve Lehman’s proposed order to establish a procedure for the settlement, which they say allows Lehman to extract hundreds ...
Holders of Lehman Brothers minibonds could have received up to 78 per cent of their principal investment amounts had legal hurdles in the United States not blocked a buy-back. A report sent to the ...
HONG KONG, Jan 9 (Reuters) - Hong Kong's regulatory structure is as good as anywhere in the world and does not require an overhaul in the wake of losses incurred by investors who bought Lehman ...
Visitors to Hong Kong’s financial district don’t have to wander far to be made aware of an inglorious episode in its recent history. Demonstrations outside some bank branches are a legacy of ...
One 86-year-old who preferred not to be named and has lost more than £600,000 to three minibond firms said: “This is wonderful news. I just hope this means there won’t be more people ...
To issue minibond for 3.5 million euros ($3.86 million) with 5.4 percent interest rate Source text for Eikon: Further company coverage: ($1 = 0.9076 euros) Sign up here. category Paramount ...
Ivision Tech S.P.A. (IT:IVN) has released an update. iVision Tech S.P.A. has successfully issued the first tranche of its minibond, raising €750,000 from a leading institutional investor.
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