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N Rock Loan Notes

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bricro1 | 09:43 Fri 19th Oct 2007 | Business & Finance
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Is there a view on N Rock Sub Loan Notes
(formerly PIBS). Sell or hold.?
Have tried ringing NR !!!!!!!!!!!!
Many thanks.
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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.
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