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gta888

06/11/20 2:12 AM

#18207 RE: alexbh2285 #18206

Can you reference the covenant default? I haven’t heard of it yet. We will know Friday I guess if they make the interest payment...it is assumed no from bond pricing. $300m can go along way if they did avail of it to buy time. Maybe they don’t even qualify who knows. It’s an interesting program and timing I believe is that it launches Friday or early next week.