Post by
Equalizer on May 31, 2020 9:06pm
That debt transaction last year
Actually eliminated some of the debt, and created new 2nd lien holders. New lien at 50million, banks own the debt don't they? Did other lien holders get ripped or were they part of that trancation.
they took shares! Why did they accept shares for this.
seems like it's 87 million- 50 million and the rest could be for shareholders?