McGrathNicol Report, page-69

I assume the lenders would have receive drafts of the report prior to it being finalized (for comment, refinement and value add etc)

Perhaps, having received details about the financial state of the co, and been walked through the MGN recs re capital restructure, those lenders without the desire to participate in a recapitalization process (citi, mcq) on sold that debt to companies more involved in that space

This would explain the coincidence of two creditors on selling the debt within a reasonably short period of one another and shortly prior to the delivery of the MGN report

Just spitballing here. Debt for equity swap looking increasingly likely imo. Wouldn't be surprised if the little SP spike we're seeing today is shorters snapping up shares

GLTAH