SGH
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0.00% 54.5¢ slater & gordon limited

Ann: Recapitalisation Agreement, page-35

  1. HotCopter
    985 Posts.
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    29/06/17
    11:06
    Post #: 25559439
    The info you seek is in the announcement, in the first few sentences under Substantial Debt Reduction. They are extinguishing all of the existing debt and replacing it with a $35m senior facility and a $40m limit working cap facility. In exchange the lender group is getting 95-96% of the equity.
    SGH Price at posting: 9.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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