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They thank all their stakeholders and as Dallalligo said the have been communicating beautifully with their bondholders! Never mind that the rugby business loses a lot of money while the stadium is marginally loss making. It is not rugby related!

Dallaglio thanking Bond Holders for their help achieving this result

Is he still going on being anti HS2 while advising his unknown Arena potential investor?

Same group set up the Bonds ? Armstrong WASPs former director when accounts ermm "wrong"

Check the WASPs thread

https://news.sky.com/story/former-wasps-chief-spearheads-bid-for-stricken-premiership-rugby-club-12716501

https://www.telegraph.co.uk/rugby-union/2022/09/16/ealing-given-promotion-boost-rfu-announces-stadium-criteria/

https://m.facebook.com/story.php?story_fbid=pfbid02zZaXxsP53jvCgBDGX1Hv7S3YSEJuVZzbPJiEQZoqgNCnp3b7179xhCuMhPcrzbQxl&id=12083590956&__tn__=%2AW-R#1311525956255332

Mine went from 4.5% to 16%. I had to strike a deal to roll up some of the increase. Still paying it off!

https://www.begbies-traynorgroup.com/articles/insolvency/what-is-a-notice-of-intent

at least 3 conditions - probably more Proof of Solvency All regulatory matters are up to date (eg Accounts ) A current audited financial statement

Remember the Trustee acts for the Bondholders. I don't know if he has to take a vote to make his decision on a redemption price or he can apply his discretion

3.25% every six months

Only with CCC support ? They cannot allow it to fail except as last resort

https://caseboard.io/cases/?prod_caseboard_cases%5Bquery%5D=arena

Try and understand this 🤪 https://www.rollits.com/news/articles/the-10-day-notice-of-appointment-moratorium-when-does-the-bell-toll/

I'm hearing rumours that Wasps may have asked for a 10 day extension to the NOI? Can anyone confirm this. The Trustee seems to me to have one goal only, and that is to protect their own interests. I have remonstrated with them at length about the fact that the offering circular clearly states...

They have to show the extension is part of going into Receivership - not a simple "can we have more time"

HMRC never go back on payment plans unless tax payer defaults on terms How much is HMRC debt compared to other total debts? How much did they get from PRL/DCMS to cover alot of their shortfalls?

Nope