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Re: Ace Trader post# 744657

Sunday, 01/15/2023 12:59:51 PM

Sunday, January 15, 2023 12:59:51 PM

Post# of 802784
Buy me out... convert me... I really don't care. Either way leads JPS to being made whole.

From a capital raising stand point, it makes more sense to convert because it costs FnF zero additional dollars.

If FnF wants to "buy out" JPS, they would need to raise an additional 33B to fund the buyout.

FnF will never offer anything to JPS for conversion to common!
https://www.freddiemac.com/investors/pdf/0706cir.pdf

They might buy out remaining smaller OLDER ONES PRE 2005 JPS https://www.quantumonline.com/ParentCoSearch.cfm?tickersymbol=FMCC