This seems like the same thing align is asking the bondholders...

This seems like the same thing align is asking the bondholders in TODHA. The bondholders only secured creditor must waive all covenants etc and roll -up interest for 6 months whilst they look for an answer. Why not as the secured creditor let the bond trustee put in a receiver and then see what your options are. I am voting no.

Disclaimer: I take no liability for the accuracy of my post. Do your own research prior to making any investment decision.