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N4longterm

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N4longterm

Re: Rich post# 75480

Sunday, 08/31/2014 8:00:03 PM

Sunday, August 31, 2014 8:00:03 PM

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Would you consider refinancing a 5% loan to a 30% rate, good or bad? I haven't looked at the financials in question so I realize the terms are not right, but the idea still fits.

I understand the debt remained the same, but if the new notes have terms that are detrimental to the company, then it can't be good for the shareholders.

In case I forgot to mention it above, Always Just My Very Humble Opinion

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