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Post# of 140474
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QuidWilson

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QuidWilson

Re: SPORT19 post# 58454

Wednesday, 08/30/2017 10:21:13 AM

Wednesday, August 30, 2017 10:21:13 AM

Post# of 140474
If an underwriters would issue $60M in bonds, at ccc rating the monthly coupon will be $500- $600k, how do we pay this? Perhaps I'm missing something but this does not appear to be a viable option. I don't have all the answers but it's clear some value proposition is required to investors. An RS now is a poor option too. Hopefully there's a rabbit in a hat.
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