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Re: W3Research post# 466125

Wednesday, 10/26/2016 4:29:09 PM

Wednesday, October 26, 2016 4:29:09 PM

Post# of 749756
I hope, I didn't confuse you too much with my percentages !

I'm not sure how to interpret the 2,5 % for WMIH :

Is it 2.5 % of Commons 25 % => 0.625 % ?

Is it 2.5 % of 100 % => 2.5 % ?


I don't remember the exact language ....

Anyhow, as I see it, Preferreds get UNCAPPED 75 % in BK# 2 and Face Value in BK# 1 !!

Commons get 22.5 % or 24.375 % in BK# 2 and "the Remainder" in BK# 1 !!

WMIH gets 2.5 % or 0.625 % in BK# 2 !!

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