You are correct, WMIIC was the Guarantor for the KKR rights offering, not the Merger. I got my facts mixed up.
On another note, what are your views re post 641059...with particular reference to the parts highlighted in RED???
Quote: "2nd, in early 2018' ... KKR was not able to simply buy WMIH, ... because the valued performing Trusts Could Not Be Purchased' ... so instead ?, ... KKR created the 2nd Private Rights Offering', revolving around, ... "WMIH" and "WMIH and its Subsidiaries", written as documented ...
Now the next part is important', ... and NO' I will not link to these private documents, and I surely hope you will understand why' ...
within the Feb 2018 KKR Private Rights Offering ... came an "Accounted For" Evaluation of "WMIH and its Subsidiaries" ... now, the evaluation of the Asset Values of WMIH, were offered to be shown to a specific chosen group ... once shown the accounting values', ... a financial participation wasn't required, only a committed promise (in document form) to NOT reveal what had been shown to them, to the "Public" ... OR', ... if the commitment was violated, ... Litigation would be opened in New York, citing violations of ... "the 33 Act", the Patriot Act, and Homeland Security" ... yes, it is all in there'"
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