The Administrators have declared a first interim dividend of 43 pence in the pound to all unsecured creditors
Pursuant to Rule 179 of The Investment Bank Special Administration (England and Wales) Rules 2011, the Administrators have declared a first interim dividend of 43 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. A copy of the Administrators’ notice to all creditors who have proved their debts and to the Financial Conduct Authority can be viewed or downloaded below.
In addition, the Administrators confirm that a second interim dividend of 44 cents in the dollar will be paid to all client money claimants whose client money claims have been admitted for distribution purposes, bringing the cumulative amount distributed to client money claimants with agreed claims to 70 cents in the dollar.
MF Global UK special administration
For the latest updates from the special administrators of MF Global UK Limited please visit our dedicated page.
For all non-press enquiries on MF Global UK Limited please email the following:
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This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.