FYI- BNY Mellon VP response... I will not disclose his name, but you have the title.
The Capital Trust Preferred Securities are subordinate securities, meaning they would be paid only after the senior securities are paid in full. The Trustee has been told that it is not expected that the senior securities will be paid in full, so no distributions are anticipated ever being paid to holders of subordinate securities. I hope this answers your questions.
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