3 ms·
That's not really how it works. You cannot do an equity offering if you believe there is a good chance the value goes to zero. And the "obligations" are merely
by pbreit 6y ago
That's not really how it works. You cannot do an equity offering if you believe there is a good chance the value goes to zero. And the "obligations" are merely a starting point in negotiations. A strong starting point, for sure, but not set in stone.
- nogabebop23 6y agoOnly if they misrepresent the situation in their SEC filing, which (if you read the risks section) sure doesn't seem like they are. there's at least a 1/2 dozen instances of "because we are in bankruptcy protection <potential bad thing>"