UNS 0.00% 0.5¢ unilife corporation

The 60 mill loan, page-16

  1. 479 Posts.
    What has had me wondering is why release the loan covenants now? Why were they confidential to begin with? They were given confidentially by the SEC for nine and a half more years. My only conclusion is that Unilife wants to give investors as much information as possible without hurting negotiations. If they were negotiating with a customer and the customer knew they really needed the up front payment to meet their loan covenant they would be tougher to finalize a deal with. If this is correct then negotiations have come to an end one way or another.
 
watchlist Created with Sketch. Add UNS (ASX) to my watchlist

Currently unlisted public company.

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