RE:RE:RE:RE:RE:FEC 'Sees' CREDIT OPENING On USD 350M 2023 9.7% Notes ?????Eigen, you are right, I have no experience with re-financing a long term note, but are you suggesting that Athabasca might be willing to pay a US$30 premium to face value in order to entice current Noteholders to finance them for another 5 years as is being done by Frontier?
For one thing, ATH will have enough cash on hand to pay off about 40% of the Notes at Face value before 2/2022. Obviously you understand this better than most of us. As this is the most critical issue facing the company and to us as shareholders, perhaps you can explain the process that they may be going thru at this time.