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Bob Underhill

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Bob Underhill

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Friday, 02/14/2014 6:20:37 AM

Friday, February 14, 2014 6:20:37 AM

Post# of 24405
Can anyone figure out the terms of this new loan ? I can't figure out if company pays interest only or principal is paid down too. This appears to be a 5 year loan with the ability to borrow 100 million more. In credit card speak, it looks like they got the monthly payment down and increased the credit limit. If they are only paying interest then there is no reason to rejoice here unless they plan on taking a vacation or buying a boat and then declare BK.

"If everybody is thinking alike, then somebody is not thinking." George S.

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