How about they swapped 350 m debt for 80% of company
This is what anchorage has done with Alinta energy a couple of year back. They swapped debt for 80% of company
350 mil / 1.4 bil share = 25 cents per share
lender can then offload these shares, and still hold 350 mil debt
win, win situation for both share holders and lender.
some meat left on the bone for long suffering shareholders.
- Forums
- ASX - By Stock
- SGH
- Ann: Update on Capital Structure
Ann: Update on Capital Structure, page-69
-
- There are more pages in this discussion • 245 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online