Agree that the banks will want SGH to survive. Though some in the banking syndicate will exit and sell their debt at below Par to avoid involvement in a lengthy restructure
However, that doesn't mean the banks absolutely won't make the company sell assets and raise capital. The banks just are not going to give SGH a free kick given what has happened.
Is SGH a Going Concern?, page-92
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)