so if agreement is reached that all debt to be
exchanged for
convertible warrants
that will be converted into SGH shares at 20% discount
to market price of SGH shares at that time.
Wipes 700 million dollars debt.
That gets added to market cap
market cap shoots to 1 billion dollars.
SGH delivers norma EPS FOR FINNCL YR 2017-18.
Shows good growth for remaining 2 yrs.
Come Feb 2020. SGH hits 12 dollars.
Lenders convert warrants into SGH shares at 9.40 dollars.
In the meantime they get
usual interest payment as per agreed terms.
No hair cut under this scenario.
Keep smiling.
Cheers.
There R 2 many gr8 options available .
I am sure both the parties can be v v creative and both can B big winners as there is lot of good will between the two.
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