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ks1977

05/26/18 8:25 AM

#139652 RE: RealDutch #139650

I don't want to hear any nonsense from the company about any pre-IPO potentially interfering with the distribution


You don't want to hear MORE about it you mean?

In addition to the above, distribution timing of TRW shares has also been curtailed due to the sensitivity of conventional lending (i.e. a $100 million loan
organized through a 5-bank syndicate in addition to two, possibly three, Stand-by Letters of Credit) and pre-IPO preparations that are underway, which
TRW’s advisors have requested are best served if no major change in ownership structure takes place beyond the structure existing at the time of carve-out.


I think Solomon might want to listed to his legal advisor as well, or get a new one...

That's from the 10-K though - do you think it doesn't apply anymore? If so; why? Has their advisors changed their mind, has Solomon started to listen to his legal advisor, will the loan&pre-IPO be completed in Q2 (they might be connected - only speculating here of course, but makes sense in some ways) - other reasons?