Attached is the summary of cash balances held at 30 September
Cash balances decreased by approximately £5.9 million during the
month. There were no repayments of capital or interest on the loans
during the month. Catch-up distributions were £5.9 million and
other expenses were approximately £13,000.
Attached is the summary of the loan book position at 30
During September 2013, no facilities were redeemed either in
full or in part.
The loan tables shown have been converted to Sterling using
exchange rates as at 30 September 2013.
The Joint Liquidators have purchased currency options to hedge
certain of the future loan receipts. Sterling options
purchased to hedge future Euro receipts were matched against the
relevant loans included in the summary at 30 September 2013, and we
have calculated that they would add a further £0.5 million to the
value of the receipts due on these loans.
The best way to make contact is to write to the bank at PO Box
197, Third Floor, Sixty Circular Road, Douglas, Isle of Man, IM99
1SN, or email firstname.lastname@example.org.
If you need to telephone the bank, please use the number +44 1624
699222. All other numbers in previous use are now switched off or
auto-forward to +44 1624 699222. Please be aware that all telephone
calls are recorded for security purposes.