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Post by penguin on Nov 10, 2016 10:08:21 GMT
Suspect a number of lenders are waiting for the fourth tranche before diving in. Will the third tranche be rather slow to go, but the fourth be gone in an instant?
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SteveT
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Post by SteveT on Nov 10, 2016 10:10:07 GMT
Suspect a number of lenders are waiting for the fourth tranche before diving in. Will the third tranche be rather slow to go, but the fourth be gone in an instant? Pretty confident there will be a bid limit in place for the 4th tranche, even if set relatively high.
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nick
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Post by nick on Nov 10, 2016 10:32:06 GMT
Suspect a number of lenders are waiting for the fourth tranche before diving in. Will the third tranche be rather slow to go, but the fourth be gone in an instant? Pretty confident there will be a bid limit in place for the 4th tranche, even if set relatively high. Not sure that they will - investors have will have had plenty of opportunity to invest in earlier tranches that rank parri passu so I think there is little incentive to restrict the final issue notwithstanding that it is likely to more popular. Looks like the website is down - perhaps there has been a late surge in bids for the second tranche......
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SteveT
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Post by SteveT on Nov 10, 2016 10:34:49 GMT
Pretty confident there will be a bid limit in place for the 4th tranche, even if set relatively high. Not sure that they will - investors have will have had plenty of opportunity to invest in earlier tranches that rank parri passu so I think there is little incentive to restrict the final issue notwithstanding that it is likely to more popular. Looks like the website is down - perhaps there has been a late surge in bids for the second tranche...... No problems with the MT website here (£57k left in T2). Ed usually tries hard not to disappoint lenders and the final tranche will be offering 13% for a guaranteed 1st charge. What's 24 hours between friends?
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investibod
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Post by investibod on Nov 10, 2016 10:36:15 GMT
Looks like the website is down - perhaps there has been a late surge in bids for the second tranche...... Oh good, it is not just me then. I will stop trying to diagnose local problems. downforeveryoneorjustme.com/www.moneything.com seems to think that the site is up.
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Post by MoneyThing on Nov 10, 2016 10:37:17 GMT
Pretty confident there will be a bid limit in place for the 4th tranche, even if set relatively high. Not sure that they will - investors have will have had plenty of opportunity to invest in earlier tranches that rank parri passu so I think there is little incentive to restrict the final issue notwithstanding that it is likely to more popular. Looks like the website is down - perhaps there has been a late surge in bids for the second tranche...... Morning. Just checked and the site seems to be available & transacting appropriately. What issues are you experiencing? Thanks, Ed.
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SteveT
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Post by SteveT on Nov 10, 2016 10:40:20 GMT
People seem to be flagging connection issues across multiple platforms this morning so perhaps it's a particular ISP or region. Or maybe Putin is trying to hog all the best deals today.
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archie
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Post by archie on Nov 10, 2016 10:44:48 GMT
FC was down for me but back now, MT is unavailable atm.
Edit : MT back now too.
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nick
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Post by nick on Nov 10, 2016 10:47:39 GMT
Not sure that they will - investors have will have had plenty of opportunity to invest in earlier tranches that rank parri passu so I think there is little incentive to restrict the final issue notwithstanding that it is likely to more popular. Looks like the website is down - perhaps there has been a late surge in bids for the second tranche...... Morning. Just checked and the site seems to be available & transacting appropriately. What issues are you experiencing? Thanks, Ed. : Ok. It looks like I had some sort of local issue. I couldn't access the site from any browser or my phone when connected to my router, but can access over 4G. Looks like my IP has been blocked for some reason.
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nick
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Post by nick on Nov 10, 2016 10:49:28 GMT
Morning. Just checked and the site seems to be available & transacting appropriately. What issues are you experiencing? Thanks, Ed. : Ok. It looks like I had some sort of local issue. I couldn't access the site from any browser or my phone when connected to my router, but can access over 4G. Looks like my IP has been blocked for some reason. Update: everything seems to be working fine now - very bizarre....
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SteveT
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Post by SteveT on Nov 10, 2016 10:56:56 GMT
It was Virgin Media apparently, now resolved (according to similar discussion on the AC board)
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ramblin rose
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Post by ramblin rose on Nov 10, 2016 10:57:37 GMT
MoneyThing : Ok. It looks like I had some sort of local issue. I couldn't access the site from any browser or my phone when connected to my router, but can access over 4G. Looks like my IP has been blocked for some reason. Update: everything seems to be working fine now - very bizarre.... Reported elsewhere that Virgin had an outage this morning.
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elliotn
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Post by elliotn on Nov 10, 2016 12:18:31 GMT
*outrage
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ilmoro
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Post by ilmoro on Nov 13, 2016 16:14:40 GMT
MoneyThing minor point but is there any reason the two tranches have different end dates 7/11, 9/11 I assume it will all be repaid in one go?
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Post by MoneyThing on Nov 13, 2016 17:01:27 GMT
MoneyThing minor point but is there any reason the two tranches have different end dates 7/11, 9/11 I assume it will all be repaid in one go? Thanks ilmoro. Now corrected to show end date of the 7/11 in line with the 1st drawdown. Please note however the repayment schedule has already been set for this loan and therefore interest for tranche 2 will be paid on the 9th of each month (with interest for all other tranches paid out on the 7th). Kind regards, Ed.
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