What'S dip financing?

Question

Celsius Community

AD

What'S dip financing?

0

16.08.2022

7 ответов

18 просмотров

M N M

DIP - debtor in possession, which is Celsius right now. And they can seek and apply for finance to continue operating basically

0

16.08.2022

AD Автор вопроса

M N M
DIP - debtor in possession, which is Celsius right...

does there need to be reasonable expectation that they can beomce profitable enough that they can pay that financing? or can they just pay it back with what is ultimately user funds?

0

16.08.2022

M N M

AD
does there need to be reasonable expectation that ...

Well it’ll be secured with user funds. So it’s our money at risk. I would hope it won’t be approved without at least a plan or some way to return to profit. But sadly I think they’ll get it regardless

0

16.08.2022

Game of thrones

M N M
DIP - debtor in possession, which is Celsius right...

But in dip finance the lender don't let the debtor bleed the cash The court , the trustee, UCC , and lender make an attentive monitoring of the funds so that they are being used efficiently.

0

16.08.2022

Game of thrones

The réorganisation plan must be confirmed by the judge before having à dip finance

0

16.08.2022

M N M

Game of thrones
The réorganisation plan must be confirmed by the j...

This is what I’m hoping for but how is it possible by October?

0

16.08.2022