Yeh still expecting myself some Dfe for some debt relief (at ugly levels) but leave decent parcel of debt and importantly secondary debt lenders high in the queue on claims for assets in event of liquidation (to cover risks should that event ever occur).
Only thing I see is Secondary Debt Lenders make a killing but part of me thinks if going to get a somewhat better outcome here (read: left with your socks on as opposed to left with no clothes) then SGH as bunch of lawyers would be in best position to achieve that with their advisors as they would be well skilled in playing hardball.
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