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  2. Bonds
  3. Voting on exchange: Notes backed by IuteCredit bonds to direct bonds

Voting on exchange: Notes backed by IuteCredit bonds to direct bonds

  • Download: Notice of Noteholders’ Meeting and Proposed Resolution
  • Why is this amendment being proposed?
  • What will happen to my current investment?
  • What happens if the resolution passes?
  • What happens if the resolution is not passed?
  • Can I opt out?
  • What happens if I don't vote?
  • What are the key differences between the existing note-backed securities and the fractional bonds being offered as part of the resolution?
  • What are the tax implications if the resolution passes?
  • Why can I not sell IuteCredit Bonds on the secondary market during the vote?
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