Quote Originally Posted by Grimy View Post
The interest rate (if not converted to shares-which I don't know if the RB would allow either) will be around 4%.
I can live with that as long as they keep paying, and the situation is to be monitored and revisited by the RB.
My Kiwibank KCFHA are similarly affected, their rate will be about 4.25%.
KCFHA has another chance to repay funds in two years, 2022. That would be a better outcome. How would a conversion to shares work for KCFHA if they don't repay?