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Investors are asking for tightened restricted payments capabilities so that the borrower can’t funnel anywhere near as much or maybe any money out to equity investors before they start repaying the debt.

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Reuters 8 years ago
John Fraser

John Fraser

The Very Rev John Annand Fraser, MBE, TD was Moderator of the General Assembly of the Church of Scotland from 1958 to 1959.

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    "John Fraser Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/citizen-quote/169770>.

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