PPT.E is due for buyback in around three hours.  I have been watching and waiting for developments to the BS&T unwinding process, but at this stage have not seen any progress.  This does not conclusively identify as a default of BS&T under the PPT.x contract and it is better for customers that it isn't. 

Given withdrawals to make PPT.E payments are not available, the buy-back will be delayed until such time as either funds are available or a default is confirmed.