The Interpreter Posted June 12, 2008 Share Posted June 12, 2008 http://new.yachtchartersmagazine.com/read/589294.htm Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted June 12, 2008 Author Share Posted June 12, 2008 The offering was actually oversubscribed: http://www.rttnews.com/Content/BreakingNew...Rec=1&Node= Wow. Quote Link to comment Share on other sites More sharing options...
Coasterkidman Posted June 12, 2008 Share Posted June 12, 2008 I'm not good with all this finaclial whatever. What does this mean? Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted June 12, 2008 Author Share Posted June 12, 2008 It means that Six Flags was willing to pay more money in interest to bondholders if they were willing to wait longer for their money. A lot more interest and quite a bit longer. And, surprisingly, given Six Flags financial condition, more people took up Six Flags on the offer than Six Flags had expected...and only a certain amount of bonds were to be allowed to take this offer... Quote Link to comment Share on other sites More sharing options...
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