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  • Why Does Loral Continue to Shoot Up? [View article]
    The money would never come from LORAL. The equity that LORAL provides is nothing more than leverage for financing. The leverage is there if the Market cap is realized. Much like the realized synergies of .425B from the merger.

    SHOW THEM YOU DON'T NEED THE MONEY!
    I purchased a house earlier this year as a rental property. I had to prove that my income alone was adequate for the loan payments. Then they came back and asked for "incidential" information as to comparable rental fees for the comunity. It got to the point where I was almost not interested in the investment anymore and told the lender as such. It was only at that point (two months), that the attorneys started to shuffle the paperwork between all the parties involved. I believe that the re-financing for Sirius is going to be a very similar event.

    To Get Money In today's market you have to meet most of the following criteria:
    1) You don't need the money (Other investment opportunities are
    available)
    2) You can meet loan payments with your Free Cash Flow
    3) Your Co-Signer does not need the money
    4) You have a Illinois Govenor in your pocket
    5) You are part of the financial community (Then no questions asked)
    6) Your Assets have to be four times your loan amount
    Dec 11 14:32 pm |Rating: +1 0 |Link to Comment
  • Why Does Loral Continue to Shoot Up? [View article]
    Too bad the Market Cap is below 1B . . . In addition to a 12/18 deadline.


    According to Sirius XM’s 10Q:
    “…The Loral Credit Agreement contains certain drawing conditions, including a requirement that SIRIUS have a market capitalization of at least $1 billion. Any loans made under the Loral Credit Agreement generally will bear interest at a variable rate equal to three-month LIBOR plus 4.75%….”
    Dec 11 13:02 pm |Rating: +1 0 |Link to Comment
  • Why Does Loral Continue to Shoot Up? [View article]
    sl62-
    Oprah would count as two currently. . . Unless Richard Simmons gets a hold of her first.
    Dec 11 12:49 pm |Rating: +1 0 |Link to Comment
  • Why Does Loral Continue to Shoot Up? [View article]
    Remember our last tally was 1.0500B


    Loral input of .1B

    Lets see

    1.05B - .1B = .95B
    Is the estimated savings still .425B

    .95B - .425B = .425B

    Gee that's almost a third of the original....

    Maybe Loral/SiriusXM can give Space Flight Vacations for 50M a pop.
    Send a bus of Twenty Celebs in Orbit (10 to cover cost), return .5B

    .425B -.5B =.075B surplus




    Sorry . . . couldn't resist!
    Dec 10 17:08 pm |Rating: +1 0 |Link to Comment
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