Drx your volley after another ROFLMAO volley Yo
Post# of 12482
Quote:
You don't secure the least junior financing in a capital stack first, unless you already know you can't get the senior financing. ROFLMAO.
Typical Nick SCAMPANELLA playbook, announce the bond and insurance, because those require zero underwriting and commitment from anyone, and hope suckers fall for it.
Did the invictus 50 mil insurance wrap require an underwriter?
Do the bonds have to purchased (i.e. commitment)?
Then the insurance protects the bond purchaser?
Drx, you're on the clock.
in my opinion
cheers