GREY:TSTIF - Post by User
Comment by
SunnyShadowon Aug 10, 2019 5:21pm
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Post# 30015069
RE:Sent to TSO3 .....
RE:Sent to TSO3 .....Bossu,
I am afraid that neither RR or GK can read or speak French. No chance that anyone replies to you.
In any case, it must be an unattended dead-end mail box...
Three business days to go before hitting the Q2 publication deadline. If they miss it, TSO3 will likely be in default with Courage... unless they are already in default and are trying to get a waiver before they publish so as to avoid telling the world that they are in default.
From what I have read in their loan documents, if they are in a situation of default, I do not see other reasons than breach of the minimum liquidity, or breach of the material adverse change, or breach of one of the standard covenants about maintenance of records, permits, and so forth.