bnbg - looking to the future...

So according to the latest B&B news on bloomberg, there may be a Debt for Equity swap, which would see the banks take perpetual notes and reduce the debt of the headstock quite considerably down to AUD1.4 billion from AUD 3.3 billion. Surely this is good news for BNBG holders. If the deal goes through, the company is much more likely to survive, therefore the notes are more likely to return to $100+ sometime in the future (I'm talking years here). 2015, which is the maturity date of the notes is still a long way off, so we might expect that for a number of years our payments are deferred and interest continues to compound. For those who weren't planning to make a quick buck here, the BNBG notes may turn out to be a good longer term investment. I don't expect the notes to rally if a positive announcement is made, so might this be a good opportunity to top up?