GREY:CLLZF - Post by User
Post by
leveraged1on Apr 11, 2015 9:52am
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Post# 23619327
First Lien holder wants more
First Lien holder wants more The Financial Post article points out Trilogy, wants more than just : 1) immediate payment of its hight interest rate loan and 2) profits from shorting CLL's bonds on the way down. It also wants 3) "ownership" through control of the company. Someone usually pays "a premium" for control. Lets make a deal - instead of a premium - I will sell you my shares (representing ownership) for their fair value.