SM1 1.37% 37.0¢ synlait milk limited

Ann: Market update deleveraging plan, bank covenants, guidance, page-72

  1. 32 Posts.
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    Its only $1.7 m in coupon. I'd say they'd be able to cover that given the importance of this to the company and the fact they would have known about the liability for some time. No way they let the company go into default early...

    Again, do not understand how this thing has equity value left.
 
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