“When this deal is complete:
· The State will hold a valuable approximately 36.5% share of the bank
· The State will continue to hold approximately .78 billion of preference
shares and these will earn a higher coupon of 10.25%
· The State will get 91 million profit for its warrants
· The State will receive some 1 million in fees for conducting this deal
Welcome as these financial returns are, the most important benefit from this
transaction will be the economic return that will flow from the len
