Restructure in a general sense is not a bad thing, however, the purpose of the coming restructure is not to make SGH stronger. SGH will be at the whim of the banks and the purpose of the restructure will be purely for the purpose of paying back debt to the banks.
Forget about business growth. SGH will have to make redundancies, in essence decreasing labor power and revenue generation. It is likely that although covenants are not breached, margin/interest on debt will increase. If revenue generating decreases and interest increases, then the time it will take for SGH to pay back debt will increase. The restructure SGH might face will not be pretty!
