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treit2002

09/29/12 9:45 AM

#19639 RE: The Swede #19638




Are you assuming that Penser themselves would be the investor?

They would underwrite the deal, not be the sole investor. At least that's my understanding.

As per their web site, they do put together structured products for investors and institutions. So, I'm sure they've put together $15M deals.
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slyestjester

09/29/12 10:44 AM

#19647 RE: The Swede #19638

"This is a very small bank."

All the more surprising to me that they would send 3 analysts on the tour. They may be taking the sponsorship of Siaf very seriously indeed as a source of profits.