the put holder needed to extend because the secured creditors...

the put holder needed to extend because the secured creditors refused to allow QIN to pay it - which they achieved in return for a waiver.

no they didn't, 2012 is the wrong year (CBA pulled the plug in 2011) and the amount was relatively trifling at $54m - but then you knew that because I showed you on the other thread. It's very easy to have a consistent view if you stick to facts, or alternatively if you completely ignore them as seems to be your method.

You might need to update your cut'n'paste.