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what the hell kinda loan allows debt to be paid back with more debt?
Harrah’s says will repay interest with new debt http://uk.reuters.com/article/governmentFilingsNews/idUKN0229814820080702
New Issue-CW Media Holdings sells $312 mln in PIK notes http://uk.reuters.com/article/marketsNewsUS/idUKN2666898520080626
Nexstar Broadcasting Reduces Bank Borrowings with Proceeds of Newly Issued Notes http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080630006389&newsLang=en