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N Rock Loan Notes

Is there a view on N Rock Sub Loan Notes
(formerly PIBS). Sell or hold.?
Have tried ringing NR !!!!!!!!!!!!
Many thanks.

bricro1 Fri 19/10/07 08:43

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beryllium
Fri 19/10/07
09:27

In the case of Loan Notes, the Redemption Opportunities occur on the Interest payment dates, usually 2 or 4 times a year. If you wish to have your Loan Notes redeemed you must give 30 days notice before the interest payment date.

I cannot say whether you should redeem or not. As you may well know, they owe 16 billion to BoE. They may stay listing with Branson looking to take over.

and the government has restored the ISA Allowance.

Your call bricro.

bricro1
Sun 21/10/07
17:56

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Thank you

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