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

[romang]

a little bone handed to the 2nd liens to get a yes vote is Plausable. don't you think :) im sure the 2 hedge funds that own dip and 2nd liens wouldn't cry.

the judge himself said he wanted or would like a plan to go with the sale to avoid problems with the 363 sale objections..

I wouldn't even be surprised if they offered 2nd liens, unsecured, preferred and commons a small percentage of the new company and they would be able to keep the nol's.

I know this is far fetched but could happen. as long as the impaired classes voted yes the classes under them could receive a portion. remember wamu the preferred got 75% and commons got 25% because the preferred accepted the plan

have a nice holiday weekend chevy