MTN Leak 1198

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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MTN Leak 1198

MTNers, Leak is very sorry: there is some bad news that we have to share with you all. No, Chris Jones hasn’t installed his own karaoke machine outside HSBC’s offices in the middle of Canary Wharf. No, Smit Acharya hasn’t bought a Harley Davidson. And no, Taiwanese life insurers haven’t decided that they want all issuers to buy back their callable zeroes.

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