MN discn PPR and is SGH undervalued ?, page-72

... a salient point Mr Rosencrantz , that the firm's motivation comes from within ... from the highly skilled lawyers and ancillary staff , at the service end , assisting clients ... right up to the head honcho himself , the remarkable Andrew Grech ...

Whatever games the holders of SGH's debt play behind the scenes is of no consequence to the day-to-day running of the firm ...

Anchorage got themselves an absolute cracker of a deal , a steal ... and good on them ...

... and lest we forget ... the bankers merely require the interest on their loans to be repaid in a timely fashion ... not for the capital to be returned in full ... and the interest on $ 680 m. is chump change in comparison to SGH's gargantuan $ 900 million revenues ... so , either the lenders agree to a roll-over at termination date of the loans , or AG negotiates with a new set of financial institutions ...

Easy peasy , lemon squeezy : Life is good my friends , and getting more gooder every day !