I am talking about the 115M convertible notes loan deal, as part of the loan deal MBN only received 55M of borrowing (and I think only 38M was left after financing cost) so that deal is extremely good so I don't know what they are complaining about, they get 115M + interest and if MBN's pps goes above 16c, they can convert it to shares and sell it for even more and potential get more than the 115M + interest and only forked out 55M borrowing.
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