5 ms·

Links from the SEC website about this $5m loan: Promissory Note: https://www.sec.gov/Archives/edgar/data/1040792/000121390018009741/f8k072618ex4-1_helios.htm h

Links from the SEC website about this $5m loan: Promissory Note: https://www.sec.gov/Archives/edgar/data/1040792/000121390018009741/f8k072618ex4-1_helios.htm https://www.sec.gov/Archives/edgar/data/1040792/000121390018... 8-K Filing: https://www.sec.gov/Archives/edgar/data/1040792/000121390018009741/f8k072618_heliosmatheson.htm https://www.sec.gov/Archives/edgar/data/1040792/000121390018...

ironjunkie 8y ago
From the Promissory note: > the principal amount of Six Million and Eight Hundred Thousand Dollars ($6,200,000) Is this a gross mistake? Or am I missing something ?
- arzt 8y ago
  No, this is what's termed an "Original Issue Discount" in debt parlance and allows for a lender to earn interest without a cash coupon on the loan. Basically they give them $5mm, but the "par value" of the loan is $6.2mm. So MP actually owes $6.2mm, but only got $5mm in cash up front.
  - jmgao 8y ago
    I think they were referring to the "eight (2)".