New rate of 6.6% from step up date 15 June 2012. Any views out there on best way to play this. Accept rate or request a higher rate and take your chances. Doesn't look to be much downside on the rate part. Seems to me that if you would be comfortable having the possibility of being converted to Downer stock in the event remarketing process successful. If unsuccessful just get the step-up rate. Am I missing anything.?