ICULS

AcronymDefinition
ICULSIrredeemable Convertible Unsecured Loan Stocks
References in periodicals archive ?
As full and final settlement of the loans and amounts owing, Wembley is proposing to issue RM606mil nominal value of Iculs to the secured and unsecured lenders of WlHB, secured lenders of Plaza Rakyat, unsecured lenders of IBAE and the major creditors of WlHB, Plaza Rakyat and IBAE.
(i) proposed debt restructuring involving the issue of approximately RM606 million nominal value of I percent irredeemable unsecured loan stocks (ICULS) at 100 percent of its nominal value as full and final settlement of the loans and amounts owning by the Company and its two subsidiaries namely, Plaza Rakyat Sdn.
The Idaho Credit Union League (ICUL) started talking with the Northwest Credit Union Association (NWCUA) about a potential merger in January 2017.