GREY:NMKEF - Post by User
Post by
Tcheckon May 15, 2020 6:53am
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Post# 31031766
easing loan terms
easing loan terms we had a very bad loan deal .
we got skinned and slaughtered at the slightest mishap .
we had a ceo hero who couldn t read a contract apparently .
god forgive him
if that could be changed it would be a huge progress .
doing business without piling on debt .
the fate of startups .
paying upfront before having the means to return the money .
risky they call it .
it is likehaving bought nmx stock with borrowed money .
not pleasant . just kidding
China's Tianqi Lithium talking to banks about easing loan terms
06:09 (15/05) - Bron: Reuters
* Top lithium producer has to repay $1.9 bln of Citic loan
in Nov
* Has bond coupon payment due in May and owes Australia JV
money
* M&A deal that piled debt on firm agreed almost exactly 2
yrs ago
China's Tianqi Lithium
, one of the world's top lithium producers, said on
Friday it was talking to banks about adjusting the terms of its
debt as a key repayment on a loan looms and the lithium market
tanks.