19 Oct2016
Monetisation Plan
According to the terms of the Zero-Coupon Convertible Notes of Glitnir HoldCo ehf. issued on 8 January 2016, Clause 12.1 (C) of the Terms and Conditions of the note states that Glitnir shall provide:
"as soon as it becomes available, but in any event within 120 days of the end of each of its financial half-years, a summary asset monetisation plan by reference to each different category of assets and the currency in which is denominated, which shall include estimated future realizations for each category of assets."
Glitnir has now published a monetisation plan for the second half of 2016, for the year 2017 and the year 2018 on the secure website of Glitnir.