Sentences with phrase «issue discount senior»
The debt component of the offering consists of $ 6 million in non-interest bearing non-convertible original issue discount senior secured debt maturing on February 10, 2019 and warrants to purchase a total of 6,875,000 shares of Common Stock at a fixed exercise price of $ 0.96 per share.
https://www.ricebrantech.com/ Not exact matches
At first glance, senior discounts might seem to be illegal due to issues with age discrimination.
If you want to force the issue and get the discount, which most seniors fail to manage, you can be proactive and join a driving class.
Featuring David H. Martyn, Vice President, Associate Senior Underwriter, Manager of National Title Services, this article helps investor clients take advantage of discount properties by advising them on issues that can complicate the process.
If as essentially a short position, if market corrects, if issues happen with the asset, it's basically a loan to own strategy, where they can get in at a discount because they're in the debt position, versus coming in behind a senior lender in an equity position, is that what you're saying there?