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Re: BBANBOB post# 733567

Friday, 08/30/2024 12:15:36 PM

Friday, August 30, 2024 12:15:36 PM

Post# of 749756
BBan...very interesting!

REORGANIZATION - Chapter 11

@ Whatthe; Split; Ron... try to do your homework together... you are on the right line...

I'll give you some hints; all documents/statements are posted in this board, try to find and understand them... connect them

A-L = 24 B
C/B 15B = 62,5%
Equity 9B = 37,5 % (biggest outcome in History)

Equity
Commons cancelled
Preffs/Prospectus cancelled
instead gettin' two types of securities
Serie S - 6B (17%! interest)
Serie T - 3B (17%! interest) (75/22,5/2,5)

Reorganization... Fair and Reasonable
Serie T - 3B- 2,5% - 75 million $ new Company
Equity 75 million = 37,5%
C/B 125 million = 62,5 % (look above)
with recieved interests acquired Nastionstar

Serie S - 6B 17% for 15,5 years
6B + 15.8 B interets (until now)
Feb Mor3 2012... equity has a claim - DCR -
Preffs 7.390 B
Commons 13.050 B (1.060 B Shares)
Federal Judgement Rate....
Preffs 1,3 - (10 B Preffs in Coop)
Commons 10$ per Share - (106 Million Shares Coop)
independently of accepting, releasing...

Serie T
Remains 2.925 B - 75 millions new Company
(75/22,5/2,5)
Preffs 2.250 B
Commons 0.675 B
only for

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