stockdr, not quite what I meant. I was more thinking of the scenario where the Alleasing price is less than the overall debts. AFG may have to put their hand in their pocket to cover the AHUG holders or other debt holders(depending on what the Letter of Support says). If AFG has sorted the new senior debt situation out they can sort their own mess out. If they have not they have to involve the banks and that could very messy.
AFG will only want good news coming out whilst the senior debt is still being negotiated.
Of course if the Alleasing price covers all the debts then there is not a problem. But all the debts sum up to at least $250m. That's a lot of money for a not profitable business...
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stockdr, not quite what I meant. I was more thinking of the...
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