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Monday, August 09, 2021 9:23:46 AM
re the LT or Senior Paper
it is not clear to me that the only reasonable way to discharge is to convert to common
Assume warrants stay and are used to raise say 60B of pure profit - while the GOV notes it received 300B on its 200B so all is square
very doable in negotiation and GOV can live with that PR --- made 150B profit
it is not clear to me that the only reasonable way to discharge is to convert to common
Assume warrants stay and are used to raise say 60B of pure profit - while the GOV notes it received 300B on its 200B so all is square
very doable in negotiation and GOV can live with that PR --- made 150B profit
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