FLYXJT84

If we fail to meet the Indenture Conditions, we will be required to repurchase the tendered Notes in cash, which could lead to a default under the Indenture or bankruptcy.
If we do not meet the Indenture Conditions, we would be required under the Indenture to purchase with cash consideration all of the Notes tendered in this Offer to Exchange. In the event that we are so obligated to purchase the Notes for cash, we may default on that obligation and the Indenture and may have to seek bankruptcy protection or commence liquidation or administration proceedings, or creditors of the Company may seek to force the Company into bankruptcy. In such cases, the Holders may not be repaid the principal amount of their Notes.

Upay

k it appears you're quoting random parts of this: Offer to Exchange with each quote getting it's own thread without any context. Interesting...

The above quote is in a section called "Risk Factors" for holders of the notes to decide if they want to accept stock in repayment. It's not exactly news that the company being forced to come up with $128 million cash (which was never the plan anyways) might lead to BK. The company wants to pay in stock, it's going to present the bad possible outcomes of everyone saying "no way I want cash". The company also talks about the risks associated with the government grounding all Embrear products for some future unknown reason, and the possible risks of massive expressjet computer system failure.

Maria

Nothing like responding to a drunk posting. Sad that the original drunken post is in the public crew room with a verified logo.

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