Replies to post #4881 on Global Brokerage Inc. (GLBR)

[uhlmant]

I always viewed the deal terms as "if FXCM needed to be sold" not they would be sold. I think luc wants to get paid... Any way possible. It is in the best interest of Luc and FXCM to maximize the sale value. I am invested assuming there is no sale and the loan gets repaid. This will impair FXCM for a year or two but afterwards pps should be 17$ plus. Consequently it should probably be trading at 4-8 based on future earnings

[The Rainmaker]

Fridays 8k said no prepayment penalty if they pay off the loans early. So it appears they CAN payoff the loan early.

I am curious as to what is there that will prevent the company from searching for a different loan with more favorable terms that they can use to repay this loan. I wonder if there is anyone with more insight into this that thinks this may be possible.