What you said pretty much sums it up regarding WAHUQ. If you look at the how the bonds have been moving it makes a lot of sense to see the attention shift to WAHUQ. Of course, because WAHUQ will get paid before all of the preferred equity and "standard" equity is even further support for the accumulation.
I do not believe Rosen was referring to WAHUQ in his statements. Yet another reason to believe WAHUQs are going to see $$$!
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