This is alarmist, silly talk.
REad page 4 of the refinancing presentation from October last year.
There are NO MAINTENANCE COVENANTS on the high-yield debt.
Therefore, provided that the coupon is being paid the bondholders have no rights.
- Forums
- ASX - By Stock
- BLY
- th....out of the question?
th....out of the question?, page-3
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)