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Strategies & Market Trends : BAK - Investing
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To: batman10023 who wrote (2707)5/16/2012 2:54:53 PM
From: DoggyDogWorld2 Recommendations  Read Replies (1) of 3249
 
Re: CHK never sees a dollar it doesn't want to borrow

Can't sell assets without busting covenants on the old credit line, so they have to visit Vito the legbreaker.

If they sell enough assets to repay in 6 months that's 14.5% APR. That sounds more like "investor demands" than investor demand.
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