GREY:MKRYF - Post by User
Post by
crazyinvestoron Jul 10, 2017 12:07pm
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Post# 26451107
s/p is going to stay low for a while
s/p is going to stay low for a whileBelow is the reason the s/p is going to stay low for a while.
We will need this deal to close and then another 30 days, as
the lender will want as cheap of a price as possible.
The proposed Credit Facility will increase the resulting issuer's pro forma borrowing capacity by way of a new multi-tranche first lien secured term loan credit facility of $132.2 million, which includes a $117.2 million term loan (the "Term Loan") bearing a consolidated coupon rate of 11.3% with warrants to purchase 10% of the fully-diluted Manitok Shares following the completion of the Acquisition with an exercise price equal to Manitok's volume weighted average price for the 30 calendar