Per quanto riguarda la seniority dei vecchi e nuovi bond nel prospetto della vecchia 2020 è presente la dicitura che conferma quanto riportato pagine indietro da zante, i bond quindi hanno TUTTI LA STESSA SENIORITY:
NEGATIVE PLEDGE
So long as any Note or Coupon remains outstanding (as defined in the Trust Deed), none of the Issuer
or any Guarantor will, and each of the Issuer and the Guarantors shall procure that none of their
respective Subsidiaries will, create or permit to subsist any Security Interest (other than a Permitted
Security Interest) upon the whole or any part of their present or future business, undertakings, assets
or revenues (including uncalled capital) to secure any Relevant Indebtedness or Relevant Guarantee
of Relevant Indebtedness without a: at the same time or prior thereto securing the obligations of the
Issuer under the Notes, the Coupons and the Trust Deed or, as the case may be, the obligations of the
Guarantors under the Guarantees, equally and rateably therewith to the satisfaction of the Trustee or
b: providing such other security, guarantee, indemnity or other arrangement for the obligations of the
Issuer under the Notes, the Coupons and the Trust Deed or, as the case may be, the obligations of the
Guarantors under the Guarantees, as the Trustee may in its absolute discretion consider to be not
materially less beneficial to the interests of the Noteholders or as may be approved by an
Extraordinary Resolution (as defined in the Trust Deed) of Noteholders.