The cash they generate will come down with time given the issues described. In the meantime, yes, they can deleverage. But will they? No. Ask the company--they want to grow the business. The follow up... login to read the rest
It's bank debt on this one, no bonds. Yields like 8% so fairly expensive anyways.
Bigvic - I haven't done a ton of work on this one and want to like the short. Don't they generate... login to read the rest
Really like this idea bigvic.
I think the best part of the story (as you alluded) is that JSP owns the rights to Levothyroxine. If the Company breaks their 4.25x leverage covenant and the creditors see that they are... login to read the rest
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