7) What does 10MC5 mean?
It means the Class A-1 Bonds have a maturity date of 10 years, with a mandatory call by the Issuer at the end of year 5, if the following conditions are met:
a) the cash set aside is sufficient to redeem all Class A-1 Bonds; and
b) there are no outstanding Credit Facility loans.
Refer to questions 8 and 9 in this FAQ section.
8) Can the Issuer choose not to redeem the Class A-1 Bonds on their Scheduled Call Date?
No. It is mandatory for the Issuer to redeem the Class A-1 Bonds on their Scheduled Call Date of 20 June 2024
if conditions above are met. If not, redemption will take place in any subsequent period when such conditions
are met.
Posted from PCWX using ONEPLUS A6000