|
Post by mrclondon on Jan 24, 2018 21:11:03 GMT
A long overdue loan, redemption reportedly held up by various legal details associated with the sale of (part of ?) the secured property to a national healthcare group. (Same borrower principals as Lendy's DFL012 and PBL120, the second of which is now similarly long overdue. See the DD Central threads for these two loans for additional background)
Someone dropped a sizable chunk of #327 on the SM at a discount of 5% in the early hours of this morning, there is still c. £3k available at that discount. Interest is accruing at 12.96% pa.
|
|
iren
Member of DD Central
Posts: 302
Likes: 300
|
Post by iren on Jan 25, 2018 1:31:52 GMT
It bothers me to see people selling at that high a discount when the constant freezing of the markets on AC mean that we can’t know the genuine level of demand for a loan. Maybe the guy tried 1%, then 2% etc. thinking there was no demand, when in fact buy orders may simply not have been being processed.
|
|