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Tue Sep 27 17:14:26 +0000 2022

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(((tedfrank))) @tedfrank

I love love El Tiempo, but their debt offering—where the placement memorandum only mentions EBITDA and not cash flow or existing debt structure, and then has a clause disclaiming any representations—scares me. Hope they’re not overexpanding like Ninfa’s did decades ago. — PolitiTweet.org

Posted Sept. 27, 2022