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Chicago-Paul

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Chicago-Paul

Re: moneym8ker post# 30245

Monday, 12/07/2020 1:09:46 PM

Monday, December 07, 2020 1:09:46 PM

Post# of 30375
Okay.

Lets try this again with the Q2 Press Release:

Press Releases
Pacific Ethanol Reports Second Quarter 2020 Results

Net income of $14.6 million and Adjusted EBITDA of $28.8 million

Adjusted EBITDA for the second half of 2020 expected to be in the range of $50 to $70 million

Total debt reduced by $34.4 million during the quarter

The share offering that raised $75M in Capital closed on October 28th.

So how did PEIX pay down $34.4 Million of Debt in Q2?
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