SGH 0.00% 54.5¢ slater & gordon limited

Anchorage buys debt, page-123

  1. 1,393 Posts.
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    Yes how much patience have the two major lenders got and will they give SGH enough time to get this company to the point where they feel comfortable . How do we know what the two major lenders will feel comfortable with and how they may react insofar as their expectation of this company's recovery . If the banks are not happy with what they they may consider too slow of a recovery they are within their rights to hold SGH to the term loan agreements , ( dates ) of course those term loan repayment dates would not be met but they do mean SGH is at the mercy of these lenders to take action if they so wish . Banks are mercenary , unpredictable and the degree of risk they are willing accept is completely up to them .
 
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Currently unlisted public company.

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