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Re: Stockminder post# 1228

Thursday, 09/05/2019 2:15:43 PM

Thursday, September 05, 2019 2:15:43 PM

Post# of 1356

The Purchase Agreement provides RAIT with a binding bid of approximately $174.4 million, subject to adjustment, along with the assumption of certain liabilities, which is subject to higher or better offers in the bidding process described below. The Purchase Agreement contains customary closing conditions to the obligations of the parties

174.400,000 plus cash and other assets.

7.125% SENIOR notes $66,529,722
7.625% SENIOR notes $56,865,250
$123,394,972

THE BANK OF NEW YORK MELLON JUNIOR $25,201,595
WELLS FARGO BANK, NATIONAL JUNIOR U $18,670,743
$43,872,338


Total $167,265,000

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