Replies to post #2814 on Windstream Holdings Inc. (fka WINMQ)

[phithebuilder]

Of course citi wont loan to without asset. The know the company is worth alot more. Hard money lender are not dumb. Win got equity. Lots of it.

[justthefactsmam]

actually, the citi loan is well within the scope of bankruptcy.

the citi loan has a superpriority claim which means that it will be paid before any administrative claims.

it is set up so that citi is at the very front of the line for purposes of repayments.