so considering that SGH wont be able to pay off all the due debt by 2018 as required by the banks - I suppose a refinancing deal is on the cards rather than a capital raising ?(hope like hell its not a capital raising)
SGH need to come out with a Q3 update to tell the market based on what the banks agreed to this new condition.
AFR as usual has published a caustic piece on slater - why do they hate these guys so much ?
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- Ann: SGH Successfully Agrees Bank Facility Amendments-SGH.AX
Ann: SGH Successfully Agrees Bank Facility Amendments-SGH.AX, page-165
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