Quote:
Originally Posted by mikesouth
Actually theres a lot of new stuff in there Fox reported the loan at 167M Die welt said its 2x that
this is also the first mention of how the loan was secured....which REALLY sounds fishy but more on that later
theres b/g on the colbeck guys...theres plenty new here even if the google translation is a bit spotty
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But we aren't sure what the second tranche entailed. It is not always equal.
The loan security sounds right. This is not a real estate intensive industry.