RAT 0.00% 0.9¢ rubicon america trust

will we see 20 plus today, page-4

  1. 103 Posts.
    Still some market nervousness about other covenants not related to warehouse facility. There is some AFG arrangement (that directors were vague about) meaning that RAT could have an overall default if AFG goes into administration. They also have mortgage covenants on properties that they are sailing close to the wind with. So this was good news on the CRE warehouse facility but that's just one part of the puzzle
 
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