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Srmadison

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Srmadison

Re: LongNDeep2 post# 2489

Tuesday, 03/05/2019 10:59:56 AM

Tuesday, March 05, 2019 10:59:56 AM

Post# of 7789
They’ll never have full control of the facility though since it’s a 50/50 deal.

This $80 million is no different than a bank but since LIHT has a shady past, no bank will touch them.

So they have to resort essentially a loan for $80 million that looks to cost them $35 million a year in interest forever.

Who does that?

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