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QuotedData’s other news 21 February 2020

In QuotedData’s other news 21 February 2020

  • RDL Realisation looks set to get $13,483,500 from Princeton. The bankruptcy trustee has come up with a plan that all the creditors have agreed to. There is a court hearing scheduled for 13 March to approve this and then the money would be due, in cash, by about the end of the month. A back of the envelope NAV for RDL suggests that investors have been assuming that RDL wouldn’t get anything back. This looks like good news.

In other news, BB Healthcare has published results and Hammerson has sold more retail property

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