Hercules Takes Flak Over Return to Bankruptcy QUOTE: By Peg Brickley
Topping the pile of bills is $215 million Hercules owes its senior lenders, a group that includes an affiliate of Luminus Management LLC. Besides collecting the loan, the lenders say they are entitled to an additional $129 million in premium payments, due because bankruptcy means they'll get their money early.
Nothing like free money and the Shareholders take it where the sun don't shine........ Something smells fishy????
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