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Thread: 20 buyers now circling Virgin Australia
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Old 9th Jun 2020, 09:10
  #186 (permalink)  
Goat Whisperer
 
Join Date: Feb 2009
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The bond holders are at the back of the queue, they took an unsecured position in exchange for a decent fixed return. Now they are finding why banks don't offer them 8%. They will cop a pasting. It may not be a 100% loss but it'll be close.
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