GREY:LSTMF - Post by User
Comment by
darkstreamon Jul 11, 2015 2:44pm
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Post# 23914693
RE:RE:RE:LTS Debt Deal
RE:RE:RE:LTS Debt Dealcan't figure if this was a good move or not-guess if they don't turn things around by June 2019 the company belongs to the creditors -9.875% in todays 1% interest climate is a bit excessive -it does give them some breathing room for the short term -most concerning is the next credit facility meeting where a cut to their LOC is a possibility?