Replies to post #33829 on RespireRx Pharmaceuticals Inc (RSPI)

[gfp927z]

MarketFest, I don't have an opinion on Biovail/Valeant as an investment, but I see they're getting a $2.8 bil loan to complete the merger. Maybe it's just a bridge loan that will be quickly repaid (?), but otherwise that's a lot of debt -


>>> The companies said they have secured a $2.8 billion loan from Goldman Sachs, Morgan Stanley, and Jefferies and Co. to help complete the deal. <<<