Yes, I think the terms of the refinancing/rollover are better than the terms of the old note.
Based on what? The terms of each toxic note have been getting worse and worse....why would a toxic lender suddenly want to give PT a break and give him better terms? They know they have him on the ropes, and they see that he has no problem paying an effective annual interest rate of 100% or more.......using other people's money. These toxic lenders are cutthroat, and not dumb enough to believe that Mexus really has positive cash flow. They know a cash cow when they see one.....
BTW....calling a toxic lender a "banker" is kinda funny.
News 
Market Data 
Discover 
