They pay int on gross debt not net debt. Go back and check their disclosures on debt.
Most people here have short memories. Remember that the banks have written off the debt. Refer to the banks previous announcements so they do not expect to get the money back. They only reason they did not liquidate is because there are no assets to sell as it is a professional services firm. They are just keeping it on life support as getting the interest is better than just shutting it down and getting nothing at all.
Just do some reverse engineering to see how much EBITDAW they will need to generate (from dud businesses) to make the whole thing viable. No chance.
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