RE:RE:Covenants Waivers Extended to Feb 26
Good points,ujesh, and quite possible. I like the fact that this is been kicked down the road further,so to speak, as it allows PRE more time to get their ducks in order for asset sales, more time for oil to stabilize and more time for any would-be suitors to re-kindle that buyout offer. As I said many times, this company is worth a lot more alive than dead and the bankers are acutely aware of that,as well as anybody with skin in the game. glta