Based on what I read.DIP Financing was at only 8-10% if I recall correctly. 1.7 million fee and must hold loan for I think 60-90 days minimum. Terms were much higher elsewhere. The loaner has a lot of confidence in this sale. IMO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.