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Comment by Lumberfeverlongon Sep 28, 2016 9:17pm

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Post# 25288825

RE:RE:Cinvin Payment

Lattice, what is your understanding based in?

LaticelnExile wrote:

DanKwong1958 wrote: Can someone please confirm an earlier post of mine. When do we know if they are deferring a part of the payment? I can only see that they have to make the payment in Q4. I can not find any dates, and was wondering if someone could post that for all the seemingly knowledgeable people here. Or at least tell me where I find that as I seem to recall that someone put that they have to advise by Friday. Did they mean this coming Friday?

Dan, It is my understanding that they only have until September 30th to exercise the option to defer 50% of the Cinven payment at 8% interest. However the actual payment is not due until the end of October.