Msg ID:
2785861 |
GMR rating drops again, creditors concerned +5/-1
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Author:Bloomberg
6/22/2023 8:43:19 PM
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A June 8th article in Bloomberg law says GMRs creditors or concerned and their credit rating fell again to Caa, 4.5 billion $ note coming due and No Surprises Act has all the revenue tied up. Here come the base closings, announcement coming in less than 2 weeks.
https://news.bloomberglaw.com/bankruptcy-law/kkr-backed-global-medical-responses-lenders-seek-legal-advice |
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Msg ID:
2785868 |
GMR rating drops again, creditors concerned +9/-1
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Author:Nope
6/22/2023 9:37:02 PM
Reply to: 2785861
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Fake news, we are cash rich; our medcrews comb each patient for pocket change on ride to hospital and submit every penny to HQ. |
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Msg ID:
2785870 |
GMR rating drops again, creditors concerned +0/-1
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Author:BigT
6/22/2023 9:44:20 PM
Reply to: 2785861
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What you are saying is that the word "equity" in private equity should really say "debt". |
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Msg ID:
2785873 |
GMR rating drops again, creditors concerned +2/-3
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Author:Wow!
6/22/2023 11:28:16 PM
Reply to: 2785861
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AMC ain't looking too bad anymore. They just got a $1.3 billion dollar note coming, not $4.3 billion! |
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Msg ID:
2786023 |
GMR rating drops again, creditors concerned +0/-0
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Author:AMC Pilot
6/24/2023 2:01:24 AM
Reply to: 2785876
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Sorry that the base Ho rejected your advances. |
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Msg ID:
2785962 |
the sale of the company +6/-0
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Author:private equine
6/23/2023 4:34:47 PM
Reply to: 2785888
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Private equity companies general hold a position for approx. 5-7 years, both KKR and American securities( the parent companies for GMR and AMC respectively) have held them for approximately 6 years apiece. With the no surprises act, poor medicare reimbursement, VA trying to get in on the lower payment scheme, as well as the dwindling pilot pool, and upcoming debt payments for either company, a sale or restructuring for one or both companies would seem imminent. What that will look like for all of the current employees is up for speculation, there seems to be a lot of strange going ons in Denver |
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Msg ID:
2786257 |
the sale of the company +0/-0
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Author:EazyPeezy
6/26/2023 12:58:01 PM
Reply to: 2785962
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Easy enough, those who can rely on their National Guard flying can count on that income and the rest, well many schools are looking for old overweight R-22 instructors. |
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