private offering of senior notes (aut), page-3

Why would they look elsewhere...
They can steal eka at these prices plus eka is a single asset company therefore if they want to buy the assets from awe in the future a transaction in eka makes perfect sense as it's sets a commercial value for awe"s stake.
100 mil would probably do the job and could be part share issue also.
It's logical and given the recent share price movements upwards it's highly likely I believe that aut will make a play for Eka in the short term. They are a sitting duck at the moment....