Yes the senior debt is in US$, it consists of US$25 million...

Yes the senior debt is in US$, it consists of US$25 million senior debt and US$5 million as the arranger fee. As I stated AUD$29.8 million currently in the bank represents 75% of the senior debt. This is correct as AUD$29.8 million = US$22.2 million or 75% of the US$30 million in total senior debt and interest owed.
"Senior Debt reduced by 53% ― from US$63.3 million to US$30 million (includes US$5 million Arranger Fee)"

Yes, I agree the market is paranoid regarding debt since the GFC, however this obsession can often lead to companies being completely overlooked as well as significantly undervalued.
You only need to look at a stock like OMH which had been trashed by the market due to its US$500 debt, however when the earnings improved and $100 million pa debt was repaid it went up 1000%.
There is no doubt in my mind that Aeris will be able to repay the debt in line with the restructuring agreement.

"However, if Aeris has not reduced the Senior Debt by a minimum of US$20 million within the first 6 months, the interest rate increases by an additional 3.0% per annum on the balance of the facility above US$10 million. "