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SC777

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SC777

Re: Rip_Van_Winkle post# 4494

Wednesday, 06/13/2018 4:54:37 PM

Wednesday, June 13, 2018 4:54:37 PM

Post# of 146116
Yeah seems like it - 22 solicitations for a DIP facility. BIOA doesn't even have any traditional bank debt, so my gut tells me that these are all strategic entities (i.e., non-banks who are offering to provide the DIP in order to control the bankruptcy process and asset sale process). Whoever provides the DIP generally has more control.
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