I think all this talk about a CR is a bit premature at the moment. The loans repayment due date are staggered and start, if i remember correctly , in 2018. We know the banks have indicated that if they are not happy with the operating plan and restructure proposal they my shorten the maturity of loans to no earlier than 31 March 2017. The banks do not expect repayment any earlier than those dates. This is all about cash flow for Q3 and OPEX cuts to improve cash flow going forward. I am not saying a CR will not happen , but if Q3 is cash flow positive and guidance is met going forward ,the time frame is not urgent IMO.
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