TXN 0.00% 58.0¢ texon petroleum ltd

debt arrangement, page-9

  1. 17,783 Posts.
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    SEA doesn't get lumped with the debt.

    If the deal with SEA proceeds, then TXN needs to deliver to SEA all assets free of encumbrances.

    TXN will need to repay the loan.
 
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Currently unlisted public company.

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