possible default on debt, page-35

sstop----from todays update pls read last paragraph below

"Mirabela's subsidiary, Mirabela Mineração do Brasil Ltda, has a US$50 million facility with Banco Bradesco S.A., which is secured by the Company's contract with Votorantim (Bradesco Facility)
• Mirabela has on issue approximately US$395 million of 8.75% senior unsecured notes due 2018 (Notes)
Mirabela has taken preliminary legal advice from its Australian counsel and is of the view that the notice received from Votorantim may constitute an event of default under the Bradesco Facility. If an event of default is triggered under the Bradesco Facility, and Bradesco chooses to enforce its rights by accelerating repayment, A CROSS DEFAULT UNDER THE NOTES MAY ALSO BE TRIGGERED----"

Well check the uppercase i have highlighted for you and pls explain where i have stated BS, pls correct me if i have read that wrong, its in plain english.Maybe i have not understood--

Fort