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Srmadison

03/05/19 10:59 AM

#2490 RE: LongNDeep2 #2489

They’ll never have full control of the facility though since it’s a 50/50 deal.

This $80 million is no different than a bank but since LIHT has a shady past, no bank will touch them.

So they have to resort essentially a loan for $80 million that looks to cost them $35 million a year in interest forever.

Who does that?