Woodford Equity Income investors set for third payment amid fire sale
Majority of assets now sold
Woodford Equity Income investors are set for their third payout from the collapsed fund, which has now sold off the majority of its assets and commenced the offloading of a £220m basket of healthcare holdings.
The fund's authorised corporate director Link Fund Solutions told investors in a letter today that the vehicle now has around $58m in cash available for distribution, with further sales set to bolster...
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Defaults on 7 and 17 May
