As I said before. Watch the SP it represents the reaction to the deal. Too much opaque with "hurdles" and
"Other terms include those customary to this type of financing. "
The point is, the BOD have historically not looked after the interests of the shareholders as shown in the destruction of its SP and value. Sorry but I can not get excited over this deal as its more of the same. Do not forget the Jiangsu deal! If this deal was clear with no hooks I would reconsider its value
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Ann: Corporate Debt Refinancing, page-53
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