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Refinancing, but whoever lends them the money will take a long hard look at the rest of their finances and decide to pass.
by rwmj 1y ago
Refinancing, but whoever lends them the money will take a long hard look at the rest of their finances and decide to pass.
- bradly 1y agoThe article mentions this as an agreement between the bondholders and shareholders, I believe, who are both mutually incentivized to come to agreement. If I understood correctly the bondholders agree to a future convertible note of some sort.