DIP financing trading a point or two under face value? That's within normal range.



But here's what shouldn't happen: DIP instruments getting slashed by one-third just weeks after bankruptcy filing. Look at historical precedents—didn't happen with Satyam, didn't happen with Parmalat, didn't happen with Enron. When you see this pattern, it signals something worse than market jitters.

It screams one thing: the post-petition financial assessment was botched. Badly. We're talking about fundamental miscalculations in the restructuring analysis that somehow made it past multiple checkpoints. The kind of error that makes creditors wonder who was actually running the numbers.
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SerumSqueezervip
· 4h ago
The digital loophole in the NGL bankruptcy case is outrageous... Who has passed the approval?
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SelfStakingvip
· 4h ago
Damn, this DIP is directly cut by one-third? It's not scientific at all, it means that there is indeed a problem with the preliminary assessment
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FUD_Vaccinatedvip
· 4h ago
Hey, DIP directly cut in half? This data is a bit explosive... It doesn't feel like a simple market fluctuation, it's really problematic
View OriginalReply0
AirdropHunterWangvip
· 4h ago
DIP financing fell by a third? That's not the market shaking, it's someone who calculated the numbers badly
View OriginalReply0
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