SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: D. K. G. who wrote (13741)1/30/1998 8:03:00 PM
From: Mr. Aloha  Read Replies (1) of 25960
 
I thought that was an interesting question as well.

I didn't go back and look at the Debenture agreement or the financial implications on the balance sheet but I was under the impression it would be a negative for the Note holders. I don't know what price the buyback would occur at or if there was a premium etc..

If Cymer bought the notes significantly less than premium it would certainly piss the holders off who gave CYMER the money they needed etc...

Not sure in other words but very interesting... maybe we should call Bill Angus and ask like he wanted :-)

Aloha
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext