Concordia Healthcare Corp. T.CXR.R

DO your own math

[ROUGETRADER719]

Second lien loans are used in leveraged buyouts to fill small gaps between financing needs of the borrower and maximum thresholds (measured by various leverage metrics) of senior secured lenders. The arrangement fee and interest (finance) of a second lien loan are higher than those of the first lien secured loan of the same borrower because of increased risk for the lender that comes from a subordinated security interest. However, second lien debt can often reduce the overall cost of capital in a leveraged buyout transaction, replacing other more expensive forms of financing

[LaticelnExile]

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[ROUGETRADER719]

THATS the best you can do ? Why dont you attack the facts 145 million cash 60 new product launches enough cash on hand for 2017 Reveune rolling in is enough to launch products over the next 2 years

[PROtrading]

OMG redtrader (he's always in the "rouge") manages his finance that way. Has a credit card bill for $3K but has cash for $1K so he ignores his credit card bill and brags to his buddies he has "$1K cash in the bank".  And he's on the way to "Money Tree" to get an advanced money loan!  LMAO! That's why he can't figure out THERE IS NO CASH