ATPG Senior 11.875% 2nd Lien Bonds (fka ATPG.GE)

[romang]

hmmmm Great find!

so currently the dip and atp are saying yes

but they need the 2nd lien or unsecured to vote yes only 1 of them? for a 3/4 vote ----- or am I reading to much into this?


only way I would see a yes vote from either one of them if the 2nds ****only for example**** got 10% and they agreed to gift say 5% to unsecureds

remember in wamu u are allowed to gift and avoid priority
as long as all party's affected by the gift vote yes on a plan