$MDR MDR not making it's Nov 1st payment was nothing at all. It was a $69million payment and they have $1 billion in cash. It was a negotiation tactic. They are asking their bondholders to put off interest payments so they can fix cashflow. Why pay someone interest on a loan if you are then asking them to give it back? They have a 30 day grace period and they are using it. This is not the issue at all. That was one good decision they made.
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