GREY:NKRSF - Post by User
Comment by
Manthebullon Aug 14, 2018 5:44pm
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Post# 28460286
RE:RE:RE:RE:RE:RE:This could be a big thing going forward
RE:RE:RE:RE:RE:RE:This could be a big thing going forwardI beieve Niko will lose the D6 block if they enter CCAA so they wont, the ways I see financing is either converting lenders and noteholders in equity which wold essential wipe out current commons ...lender may get 80% while noteholders may get 10% and the new lender may get 10%.
One thing for sure finanicng package wont be a friendly one, as niko couldnt get one few years back when things werent this bad.
Or current lenders may fund the expansion effectively taking 90 percent or more ownership...they dont have to settle for 49%