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10/11/19 12:36 PM

#569719 RE: YanksGhost #569709

"The entire load of coupon JPS dividends is well below $2 B at full boat. Better to pay that, or a portion thereof, while capital formation is being worked through."



YG,

How about this one. Going forward, FnF can buy back JPS from capital markets at 50 cents on a dolllar. Why wait and redeem at par and pay dividends and damages etc?