RFE 0.00% 0.0¢ series 2018-1 reds trust

They have had to put $5m in an escrow account with the lender....

  1. 414 Posts.
    lightbulb Created with Sketch. 6
    They have had to put $5m in an escrow account with the lender. This is presumably due to the covenant breach and wouldn't be released until the breached covenants are satisfied again. It won't be available for drilling until that time
 
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