DCG Reaches in Precept Deal With Genesis Collectors

DCG Reaches in Precept Deal With Genesis Collectors

by Jeremy

To fulfill DCG’s current liabilities of roughly $630 million in unsecured loans due in Could 2023 and $1.1 billion underneath an unsecured promissory observe due in 2032, a brand new partial compensation settlement was agreed upon with two tranches – roughly $328.8 million with a two-year maturity and $830 million with a 7-year maturity.

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