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Looks like they can't afford 15% in interest, so are paying 5%,...

  1. CaptainBarnacles
    11,622 Posts.
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    28/09/18
    15:14
    Post #: 35912768
    Looks like they can't afford 15% in interest, so are paying 5%, with 10% PIK, that will build up over time. Not sure how Oaktree are planning to make their exit.
    BLA Price at posting: $1.58 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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