Hycroft Mining Holding Corp (HYMC): DIP financing usually gets back cash...

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Hycroft Mining Holding Corp (HYMC)

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Re: Richcc71 post# 5392

Wednesday, 12/09/2015 11:31:47 AM

Wednesday, December 09, 2015 11:31:47 AM

DIP financing usually gets back cash

Yes, the DIP financing usually does get its cash back as part of the reorganization. Their main objective is to be doing a 'bridge loan' to cover shortfalls in cash between the initial filing and the reorganization.

They want to be repaid as the company exists the bankruptcy and that is how they make their money, they do not want to be hold debt or shares in the reformed company.

The fact that the DIP could not get repaid in cash shows how bad things are for the company.

Louis J. Desy Jr.

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Recent HYMC News

Hycroft Announces First Quarter 2024 Results • PR Newswire (US) • 05/07/2024 12:30:00 PM
Hycroft To Be Added To the Solactive Global Silver Miners Total Returns Index • PR Newswire (US) • 04/25/2024 02:00:00 PM
Hycroft Exploration Program Defines High-Grade Mineralization Controls • PR Newswire (US) • 04/03/2024 12:00:00 PM
Hycroft Announces Year End 2023 Operating and Financial Results • PR Newswire (US) • 03/14/2024 12:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 01:00:17 PM
Hycroft Announces Start of 2024 Drill Program Targeting High-Grade Silver Discoveries • PR Newswire (US) • 02/13/2024 01:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:05:44 PM
Hycroft Delivers More High-Grade - Expands New Silver System at Brimstone • PR Newswire (US) • 01/09/2024 01:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 01:00:31 PM
Hycroft Regains Compliance with Nasdaq Listing Requirements • PR Newswire (US) • 12/05/2023 01:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 01:36:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 01:05:34 PM
Hycroft Drills Best Hole Ever - Discovers New High-Grade Silver System • PR Newswire (US) • 11/16/2023 01:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 10:21:04 PM
Hycroft Mining Announces 1-For-10 Reverse Stock Split • PR Newswire (US) • 11/09/2023 09:15:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 09:12:13 PM
Hycroft Mining Announces Third Quarter 2023 Results • PR Newswire (US) • 10/31/2023 08:30:00 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:15:11 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/26/2023 12:30:37 PM
Hycroft Mining Announces Reverse Stock Split • PR Newswire (US) • 10/26/2023 12:00:00 PM
Hycroft Mining Finds Elevated Silver Across the Hycroft System in Phase 2 Drilling • PR Newswire (US) • 10/23/2023 12:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 08:34:50 PM
Hycroft Mining Provides Update on Nasdaq Listing • PR Newswire (US) • 10/04/2023 11:30:00 AM
Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:05:40 PM
Hycroft Mining Provides Update Regarding Nasdaq Listing • PR Newswire (US) • 09/25/2023 12:00:00 PM

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