The class B2E and B2F notes, which were originally rated 'BBsf' by Fitch, were not repaid in full on the last payment date as per the 11 April trustee report.
The B2E notes were issued at an original face value of EUR4m whereas the B2F notes were issued at EUR6m.
Any act which satisfies the definition of Terrorism in item B2f of the EXCLUSIONS clause in this section of the Policy shall not be considered to be vandalism, malicious mischief, riot, civil commotion, or any other risk of physical loss or damage covered elsewhere in this
This coverage does not apply to any act, loss or damage excluded in item B2f of this EXCLUSIONS clause.
If any alt which satisfies the definition of Terrorism as provided herein also comes within the terms of item B2a of this EXCLUSIONS clause then item B2a applies in place of this item B2f exclusion.
2) Terrorism as described in item B2f of EXCLUSIONS in the PROPERTY DAMAGE section,
1) Terrorism as defined in item B2f of the EXCLUSIONS clause in the PROPERTY section of this Policy for property located in Australia.