Replies to post #420 on Regional Health Properties Inc (RHE)

[Enterprising Investor]

Debt exchange option is unlikely.

Senior debt is made up mostly of loans backed by HUD, USDA and SBA plus City of Springfield (OH) First Mortgage Revenue Bonds.

The focus needs to be a successful equity overhaul.

I like the idea of idea of RHE-A being exchanged for convertible preferred. Holders need some upside, if forced to take a haircut on liquidation value.

Common shareholders could be issued warrants.