Celadon Group Inc. (CGIP)

[First Crown Research]

According to the 1904321th amendment:

"“Maximum Outstanding Amount” means (i) as of the Fifteenth Amendment Effective Date, an amount equal to $236,809,000 and (ii) as of April 15, 2019, an amount equal to the lesser of (x) $135,809,000 or (y) $236,809,000 minus the Actual Reduction Amount"

They got at most 72m in proceeds to pay down this down from 236, which means the lesser will most likely be the 135m..... and that they need another 30m in 10 days