Post by
Evergreenroadss on Sep 04, 2014 11:43am
Financing
The reason that Lutes isn't actively looking for outside capital as he has a deal to sell Senlac to finance McKay. Comments??
Comment by
nikehercules on Sep 04, 2014 11:59am
That's not possible. Selling senlac would be a major asset sale, and the 1st lien would become due immediatley. I confirmed this with Greg Foofat.
Comment by
birdie22 on Sep 04, 2014 12:34pm
What about a JV / Partner for Senlac ?