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KGIC Inc LGLTF

Consumer Defensive Education & Training Services
"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."


GREY:LGLTF - Post by User

KGIC Inc > KGIC is bought ? by MBA?
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Comment by reesespiecezon Jan 26, 2017 9:55am
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Post# 25757570

RE:RE:RE:KGIC is bought ? by MBA?

RE:RE:RE:KGIC is bought ? by MBA?The press release Yun referenced shows that CIBT bought ~$12mm of the senior debt of another provider from a bank (release very vague). They did not buy any equity nor did they buy sub debt. The amounts seem to match up and it feels very likely that this debt is the senior debt of KGIC.
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