=nbsp; Senior Unsecured<=:p> * &nb=p; Rating: B3/CCC+ o This is their only bond (the others are =ay in Kind notes due Nov 2018) =/span>Please see the JPM Research attached &=bsp; 2 EFTA_R1_02073992 EFTA02702244 iPayment: Attractive Business with Strong Relative Value; Init=ating with Overweight We are in