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We should thus know Friday 13th of June if the size of the Bond issue from Sequa.
On may 1st the following was released
¨In addition, U.S.$95.6 million in aggregate principal amount of the Bonds were issued and are held on behalf of the Issuer for the purposes of prospective sales to third party purchasers outside the United States. Any such Bonds which have not been sold during the period of six weeks immediately following today's closing will be cancelled and holders of the Bonds will be notified of the final issue size following the expiry of the six week period referred to above.¨
TOR should have an answer from Sequa by AGM on June 26th
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