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Re: Celtics2011 post# 1136

Wednesday, 06/12/2013 12:00:31 AM

Wednesday, June 12, 2013 12:00:31 AM

Post# of 24848
Celtics...PENA SOLD THOSE NOTES AHEAD THINKING SCRC DIDNT HAVE

Thanks for always being so helpful so indulge me again! What do you mean by "PENA SOLD THOSE NOTES AHEAD THINKING SCRC DIDNT HAVE THE $$$$$ THEY ARE WRONG!!!!"
What notes and to who?
Also, in the past few days, SCRC has pre paid a couple of loans. Where did they get the funds to do this? Are they borrowing elsewhere (like I play my credit cards), or did they issue stock? Or do they actually have enough revenue? Which then begs to ask, if they have revenue, why borrow in the first place and did they pay any penalties for paying off early?
As always, thanks in advance.
NBM