Post by loanstar on Nov 6, 2014 18:03:15 GMT
We have been informed today;
"We have now received IVA proposals for both guarantors, which propose 60 months repayment term and a combined estimated dividend of 37.1 pence in the £. The first dividend is to be paid out to unsecured creditors at the end of year 3 of the arrangement and a dividend will then be paid annually until the IVAs are fully implemented......"
Would any of you much wisher investors explain this a little. I understand 37.1 pence in the £1. I do not understand the timings.
"We have now received IVA proposals for both guarantors, which propose 60 months repayment term and a combined estimated dividend of 37.1 pence in the £. The first dividend is to be paid out to unsecured creditors at the end of year 3 of the arrangement and a dividend will then be paid annually until the IVAs are fully implemented......"
Would any of you much wisher investors explain this a little. I understand 37.1 pence in the £1. I do not understand the timings.
