RE:RE:RE:NICE: 4 * 2022 Bond Trades: HIGHEST @ 82.250 !!!Your comment is very plausable, but its not to say they cant do both (unless they are planning to refinance the Debt with the same Note holding bank institutions). Over the past couple of years Management stated that once they were free cash flow positive, they would be open to other options for "enhancing shareholder equity" such as repurchasing debt and buying back shares. Let see if someone asks them at the AGM .
quote=Eigen337]
That BOAT NEVER SAILED and it WON'T SAIL NOW !!!???!!!
They are going the HIGH-YIELD NOTES RUNNING ROUTE to REDEEM 2022 Notes thrown in with SOME LARGE capital repayment and RE-ENGINEERING the balance sheet by CAPTURING the RESTRICTED CAPITAL HOSTAGE !!!
This is my opinion only.
Eigen337
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