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Wednesday, November 11, 2015 2:50:35 PM
Investors are being asked to accept 50 cents on the euro for Tier One securities (preferred shares), 80 cents on the euro for Tier Two securities (subordinated floating rate debt) and either 100 cents on the euro or in some cases, an Early Repurchase Price, for for Senior Securities.
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
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