KCN 0.00% $1.35 kingsgate consolidated limited.

Sorry my bad used wrong terminology I had line of credit in my...

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  1. 177 Posts.
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    Sorry my bad used wrong terminology I had line of credit in my brain have been dealing with bank this week trying to extend interest free period on my LOC. Bank wants to convert to P&I for no reason.
    Anyway, KCN has Bridge Financing by the looks.

    Bridge financing is a form of temporary financing intended to cover a company’s short-term costs until the moment when regular long-term financing is secured. Thus, it is named as bridge financing since it is like a bridge that connects a company to debt capital through short-term borrowings.
 
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