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Wednesday, January 05, 2022 10:01:40 PM
No, likely more like 15% of the newco common stock.
All the preferreds, junior and senior will be equitized. This costs nothing.
This is reality and this has to be done for new money to invest in a recapitalization. In other words, if you want to be released from conservatorship, this has to happen.
All the preferreds, junior and senior will be equitized. This costs nothing.
This is reality and this has to be done for new money to invest in a recapitalization. In other words, if you want to be released from conservatorship, this has to happen.
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