The european bond board said that the cash from the avoidance action trust [the term loan case] will be distributed [if any] thru the old bond units , not the new MTLQU units. Does anyone ant addition input on this?
I don't have any, but didn't you say that the bonds were dead?What is the european bond board, and what do they have to do with GM, GM Bonds or anything in the USA?TIAP.S. The only GM related stuff I sold last week was about a third of my common shares.
Some of GM's bond were floated in Europe. There is a MB for these holdings and I checked it out last week. I thought that the old bonds were dead but they are still listed in my account, so who knows?