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Post# of 53566
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Lone Wolf

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Lone Wolf

Re: ErnieBilco post# 48074

Monday, 02/01/2016 5:14:40 PM

Monday, February 01, 2016 5:14:40 PM

Post# of 53566
Correct re: all the equity.::company seems to be 'pre-packaging' this one though....o move it forward quickly. Debt was greater than assets by about 300'mil, so 'leftovers' for the commons was never the question. It's more about what the bondholders want to do at this point. Recent sales of non-core assets and the speedy support of the tier I creditors leaves me feeling outcome might be good here. Needing a bit more clarify though:
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