> If Revlon is in such financial trouble they Brigade believes they won't be able to pay back the loan, why would they have paid back the entry thing, with interest, early?
From what I understand, they paid the interest accrued until the moment of the payment, not the amount they would have paid under the terms of the loan. So from the POV of the lender, maybe they were able to refinance the loan under better terms with some other lender (perhaps Citibank).
From what I understand, they paid the interest accrued until the moment of the payment, not the amount they would have paid under the terms of the loan. So from the POV of the lender, maybe they were able to refinance the loan under better terms with some other lender (perhaps Citibank).