How many lenders would take on a refi where company is producing negative cashflow? None I can think of. Atlas' primary loan is in the us term loan b market. Covenant lite but astronomical interest rates for atlas sake I hope the cash flow negative scenario doesn't last more than a few months.,,,,,I believe loan due in 2017 so they have time on their side but high interest rates will burn through cash balances quickly. If they are carrying expensive staff or other unnecessary over heads they should slash wherever possible
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