Post by
rkhosla on May 12, 2022 9:22am
Contrarian
He is the bond guy - will we hear your opinion on this soon?
Comment by
WanTBe1 on May 12, 2022 10:13am
Only good thing is keep paying Debts.
Comment by
Contrarian333 on May 12, 2022 10:33am
Its just time arbitrage. Do you want your cash today at a slight discount or will you wait until after June 15.
Comment by
Ernieandbert on May 12, 2022 10:41am
I think the Excess Cash Flow sweep pays out 2x/yr and is next calculated for the 1H22 and paid out in Oct/22. The amount they buy back is deducted from the formula on the Excess Cash Flow Sweep of what they will need to buy back in Oct/22 as it relates to Min Liquidity of $75mm or more.