Replies to post #48268 on Lehman Brothers Financial SA (LEHNQ)

[camaro4me]

That is an excellent point stockjoker. The $560M "loan" works out to $11.42 for 49M shares, that's real close to the calculation someone else here provided.

Also paying the interest is far less then the allowed claim. I would consider this an investment allowing them 20 more quarters of deferred payments.The trust do not have to be redeemded. One thing is solid The interest is compounding. I think LEHNQ is compounding at 6.24% face value of trust $25..
$1.25 per trust yearly..Paying the interest allows them to do so much more at this point. Redemptions at some point will must likly be factored into an ipo of some sort when the NOL's come into play for whatever newco comes along..Things will be heating up here shortly..GLTA...One can only guess at the outcome, but one thing is sure...Interest must be paid, and there are funds to pay it..Classes 1 through 9 are paid..Who is next in line and senior to all the rest?