As of December 31, 2015, the outstanding balances of the DIP Loan was approximately US $95.3 million, including accrued interest.

Meanwhole Rusoro got the deed done for $3.3M, and GRZ for 10 times that?.. Lol Is it just me or is that incredibly high? Seems to me like this was skewed in favour of the lender so that they can maximize their share of the pie. We have no idea what they squandered this on..

Also what is all this Key Participant business?

Seems like MIP ended up with much less than the $70M, and in exchange for some of Tenor's assumingly bloated share (redacted), they reward Tenor with an even bigger pie because of the Fourth DIP Loan advance (~$33M)? Am I understanding this right?