Originally Posted by J-H
DIP do not care about the viability of the business model - it is a bridge loan andthey have first liens on unencumbered assets...I think you mean that no one will offer exit financing or equity investment in to DH.
True....the DIp lenders are in it for themselves.
But what's left at FlyI that is still unencumbered? Pretty much nothing from what I have read.
DC