Tuesday, September 06, 2005

OCA (1)

What happened to the term loan?
by: chfriend03 08/25/05 02:15 pm
Msg: 37334 of 37783

As of early July, OCA owed $4.2 million "term loan", plus $85.6 million debt under the credit line.

Now, it owes $86.215 debt under the new credit line (as of August 19th agreement signing date).

There was no mention of the $4.2 million "term loan". Was it paid off? Any information on it?

The CEO gave $1 (unsecured) million loan to the company, in addition to $2 million given in early June.

0 Comments:

Post a Comment

<< Home