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Re: philipmax post# 5075

Wednesday, 12/14/2011 2:39:58 PM

Wednesday, December 14, 2011 2:39:58 PM

Post# of 8307


The Plan states that the Equity Preferreds will receive $ 133 M of New Shares and the Equity Commons will receive $ 57 M of New Shares. The total is $ 190 M.


How much of the $ 190 M was to be owned by the Settlement Note holders? If all, and they are giving it up to Equity Interests as a gift for a settlement, then I don't think the APR will apply.








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