Many talk about the 66.67% threshold. From page 22 of the invitation.
The confusion arises because of the bondholder's Act a translation of which can be found here.The crucial difference is that the above snippet refers to the actual Invitation going forward. It annuls the Invitation not the CAC's.
The confusion arises because of the bondholder's Act a translation of which can be found here.The crucial difference is that the above snippet refers to the actual Invitation going forward. It annuls the Invitation not the CAC's.