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Strategies & Market Trends : Dividend investing for retirement
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To: rdkflorida2 who wrote (34096)8/11/2022 9:53:09 PM
From: Steve Felix  Read Replies (2) of 34328
 
I like a flyer every now and then. Appears they had serious liquidity problems and swapped 8.5% senior notes
for 11.5% senior notes.

"No distributions on the Preferred Units will be permitted without noteholder consent while the new PIK notes
issued in the exchange transactions described above remain outstanding."

Notes are not due until 2026. You could put it on a watch list. If it doubles in one day sometime in the future,
check back in on the company. I figure somebody always knows something before I do.
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