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Global Plc is proposing to make an issue of Eurobonds for the first time. As its legal adviser you are requested to advise Global Plc
Global Plc is proposing to make an issue of Eurobonds for the first time. As its legal adviser you are requested to advise Global Plc on the following matters:
1) whether a trustee should be used and the alternative to having a trustee;
2) the meaning and effectiveness of a "no-action clause" in the bonds documentation and potential problems with its enforceability in particular jurisdictions.
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