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Re: General Mills post# 98338

Tuesday, 06/14/2022 9:38:01 AM

Tuesday, June 14, 2022 9:38:01 AM

Post# of 118096
I still think the deal is alive and working towards resolution ..... and no significant reason to sell ECSL at this stage ..... but ..... since the deal isn't closed and the financing is still out there .... I wonder if there is a rate lock at this late stage.

Fed gonna hit the market with 75 basis points likely tomorrow ..... and ECSL hasn't closed on the deal ....... even without the rate hike ... ECSL is gonna being paying more on the backside of this deal. Is there still a tipping point with the rate and would this deal still be subject to new higher rate if not closed now ?

10 days ... Anyone really think ECSL will get it done sooner than that ?? LOL ... would be historic for ECSL to complete the deal "sooner" than what they offer for once .... of course "sooner" is relative given all the extensions.

C'mon ECSL .... get the base deal done.
Amigo Mike