I am back. So is SGH, page-309

Personally, all I can deduce with certainty is that the new lenders believe there's a reasonable opportunity to profit from their purchase of the company's debt.

How they intend to extract such value, the longevity of their intended relationship with the company, and how the interests of current shareholders may factor into their plans, are a mystery to me.

The interests of lenders and shareholders will hopefully coincide. But if they do it'll be a fortunate coalescence of self-interests. No one should expect these guys to be anything other than greedy, selfish and unapologetically ruthless.