One of the statements in the examiner's report is: It is extremely unlikely that they will be able to issue the bond to domestic investors. Hence they will need to go to the major overseas to find investors. Why will it be unlikely to issue bond to domestic investors?
The question suggests that the company could issue bonds in an overseas currency. So it is unlikely that domestic investors will be interested as it will be in the wrong currency for their liabilities. Best wishes Mark
Right. Understood. Probably that small detail can be added at the beginning i.e. "since/if the bond is in foreign currency", to make it clear. Thanks Mark.
