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John Deere1

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John Deere1

Re: Lone Wolf post# 367

Thursday, 10/01/2015 11:28:08 AM

Thursday, October 01, 2015 11:28:08 AM

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Nah, they will restructure the debt within the next month. They have plenty of cash on hand as well- much more than last reported in Q2 earnings.

"Certain of the Company’s lenders have formed an Ad Hoc Group for the purposes of negotiating a possible restructuring of the Company’s senior secured credit facilities and have engaged in such negotiations with the Company."

"As of September 25, 2015, the Company had a cash bank balance of approximately $251.6 million, which provides substantial liquidity to fund its current operations."

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