TGS tiger resources limited

Ann: Kipoi Operations and Funding Update-TGS.AX, page-21

  1. 143 Posts.
    lightbulb Created with Sketch. 5
    May one of you smart nuts please explain to me what the agreement in terms of the 247M shares issued to the senior lenders mean? How is it calculated. Also, they issue TGS with debt and TGS issue them with equity? If TGS repays all debts (if ever) then the issued equity to the lenders were free of charge?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.