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Re: madg post# 17702

Thursday, 08/09/2018 8:02:43 PM

Thursday, August 09, 2018 8:02:43 PM

Post# of 41257
Understood.

Tranches implicate that they are issued in phases and bulk - a partial issuance. Your use of the word in financial terms is a bit of a misleading, and honestly: improper.

https://www.investopedia.com/terms/t/tranches.asp

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