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Re: Phaedrus77 post# 1386

Monday, 05/23/2022 4:29:22 PM

Monday, May 23, 2022 4:29:22 PM

Post# of 1901
If centaurion owes UDF IV close to entire $350M loan portfolio and there is a
cross collateral agreement - that is good news. cross collateral agreement
means you can not selectively pay back some loans and default on others.
2021 - 2022 should have generated a ton of repayments to IV, so the balance
sheet by now should have much more cash in it.
I am guessing that accrued interest, for the most part, was discounted from the
balances on 12/31/20.
Anyway, what do I know.
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