A debt for equity swap is the last option one should consider after blowing up the cap structure (2 billion plus SOIs) & with the SP perpetually stuck in the toilet.
Would be better off renegotiating the facility & extending the maturity date a year or two beyond the end of 2024.
Cheers.
A debt for equity swap is the last option one should consider...
Add to My Watchlist
What is My Watchlist?