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RumplePigSkin

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RumplePigSkin

Re: None

Monday, 09/21/2020 7:48:51 PM

Monday, September 21, 2020 7:48:51 PM

Post# of 793373

Instead of collateral, the lenders are compensated with the company’s warrants on common equity for the high-risk nature of the debt instruments.

You mean warrants are like collateral for high risk investments = Sr Pref Shares? You mean high risk like during the financial crisis and Fannie Mae?

https://corporatefinanceinstitute.com/resources/

If you don’t know warrants are a form of collateral you should shut up!

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