Comments on: Borders Refinances – Lives For Another Day

By: Stacia Kane

Stacia Kane — Tue, 08 Apr 2008 22:47:25 +0000

Excellent news! This is great to hear. Thanks for passing it on.

By: Charlene Teglia

Charlene Teglia — Tue, 08 Apr 2008 22:44:08 +0000

Oh, yay! I was hoping their reinvention with the new concept stores would help them stay afloat. This is good news, I love Borders.

By: Shiloh Walker

Shiloh Walker — Tue, 08 Apr 2008 18:10:25 +0000

This is good news~I love Borders.

By: jmc

jmc — Tue, 08 Apr 2008 14:40:23 +0000

Options are usually for employees, and warrants are for the public. Often they are with respect to preferred rather than common stock. And they can be publicly traded if the shares are listed on an exchange.

By: Jane

Jane — Tue, 08 Apr 2008 14:05:07 +0000

LOL. I’m pretty sure I don’t understand the warrants and so forth. Are those options to purchase common stock?

By: Angelle

Angelle — Tue, 08 Apr 2008 14:03:23 +0000

Jane,

What don’t you understand? :)

The deal seems fairly straight forward. Lower interest rate and so on. I do think that the deal looks much better this time.