VAH
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0.00% 8.6¢ virgin australia holdings limited

OK so you are revising the Bain total offer price to be no more...

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  1. jimk3758
    23,799 Posts.
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    28/06/20
    16:18
    Post #: 45498648
    OK so you are revising the Bain total offer price to be no more than $1.5B which means all creditors both secured and unsecured will take a loss.

    Now remind me again why creditors will vote yes to that when the bondholders proposal will see secured creditors and employees receive 100% and unsecured bondholders receive 70% back?
    VAH Price at posting: 8.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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