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Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Comment by nkbourbakion May 18, 2019 12:08pm
77 Views
Post# 29758247

RE:RE:RE:This is the crucial part!

RE:RE:RE:This is the crucial part!
Contrarian333 wrote: sweeter scenario for equity.


The 9.75% rate on the debs was demanded by the market in the fall.  Operating conditions have deteriorated since then.  Why do you think they'll be able to term out more debt on substantially better terms so as to pay these off?  

On the call they suggested they can access some more cash in the near term. I hope they're correct.   I just can't see this unfolding the way you describe.   
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