InvestorsHub Logo
Followers 129
Posts 5090
Boards Moderated 1
Alias Born 04/10/2008

Re: None

Thursday, 09/15/2011 8:48:41 AM

Thursday, September 15, 2011 8:48:41 AM

Post# of 386
Adfitech was a Non-Debtor subsidiary. Senior Note Holders, who had a claim of $304.7 million, received a package of Adfitech securities and cash valued at $38.6 million. For each $1000 in principal amount of TMA.GB, holders received $121.88 in value comprised of $78.26 in Adfitech Inc 8% Sr Secured Notes due 3/05/20 (ADFT.AA), $37.60 (20 shares) in Adfitech common stock (ADFT) and $6.02 in cash. This lowered the remaining claim to $878.12 per $1000 principal amount. The remaining claim is $266.1 million.

Sr Subordinated Note holders have a claim of $1.3 billion, while Jr Subordinated Note claims are $213.8 million.

All claim amounts listed above do not take into account any post-petition interest payable from the filing date forward.

Learn something new every time you invest...and take it with you to the next opportunity.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.