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Re: bobjones2731 post# 33791

Sunday, 09/07/2014 8:41:13 PM

Sunday, September 07, 2014 8:41:13 PM

Post# of 429566
b-

The modified interest payments are a very nice feature (life saving)


What type of modification do you mean? Maybe I missed something, but I know the delayed date (from 2017 to 2019) of possible repayment of the (2014) Notes only.

or if you mean the BioPharma deal (the Quarterly Cap) it was in the original agreement (as in other BioPharma deals). Technically the deal has an interest, however usually we know the % in this case we know the abs amount of the interest ($50M), but we do not know the duration (and the effective rate). Officially it is a Sale ($100) and Purchase ($150) agreement.
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