I doubt they will until after the full recap is known, but shouldn't the credit rating mobs also adjust?
The sales and revenue must surely allow them to climb the credit rating ladder as quickly as they fell when such revenues were not expected?
Higher credit ratings are an important part of refinancing, if that is part of the recap.
I think many of you are getting ahead of yourselves in terms of expected outcome, but that is understandable given that good news (I would actually call it great news) has finally come out after so much negative news for so long.
Going to be an interesting week.
Milesy
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