https://bernews.com/2011/08/west-hamilton-holdings-ltd-rights-offering/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sun, 12 Apr 2026 10:01:52 +0000 hourly 1 http://wordpress.org/?v=3.7.5 https://bernews.com/2011/08/west-hamilton-holdings-ltd-rights-offering/#comment-61012 Mon, 01 Aug 2011 17:49:34 +0000 http://bernews.com/?p=77788#comment-61012 Mr. Sukdeo – You are quite a learned individual and certainly you recognise as the market has that debt = debt = debt and that the replacement of long term debt with a rights offering is simply a reclassification of debt or obligations of the company – and ultimately a riskier investment given the lack of an obligation to repay. I serve as a Financial Advisor and who not advise your rights, to absolve existing debt with the bank presumably, with not a promise to repay this newest “debt”. I would also ask the question who would buy existing debt when there is no evidence of what the money was spent on. There isnt a building up at the site, just a car park, right?

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