Ann: UPDATE - S&P DJ Indices Announces March Quarterly Rebalance, page-2

ETFs have now sold out their holdings ahead of the rebalance that occurred prior to the start of trading today.
That should relieve some selling pressure.

I also suspect that it will make it slightly tougher for the short sellers to borrow stock.
Index funds are the most willing to lend out stock to reduce the costs of trying to match the index.

I also contacted the company about the MegaBank loan.  

They are planning renegotiate the loan in the near future.

"The primary lender is very supportive, but any renegotiation is likely to take effect in the third and final year of the loan, which means after 1 July 2017.
Currently the interest rate is a margin of 6.75% over the 6 month LIBOR rate.  
Currently that means a total interest rate of approximately 8%."

This seems very high so would expect the interest rate to come down a fair way.