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Re: bradford86 post# 697622

Friday, 10/08/2021 7:01:16 AM

Friday, October 08, 2021 7:01:16 AM

Post# of 869441
Agreed. But, they need to write down the Liquidity Preference and give up the free warrants. In AIG case, they sold the warrants back to AIG in $25M on 11-Feb-2013. Just not sure whether $25M is for the whole batch. Or, did UST exercise some warrants before that.
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