scottport, the $250m due between now and 2011 assumes valad doesn't breach its debt covenants.
hatchworks, well done on your paper gains but remember paper gains don't amount to anything.
nursery, i suggest you err mate. negotiate more favourable terms? LOL LOL LOL. haven't laughed that hard in ages. here companies are negotiating with their bankers for SURVIVAL, and you think valad would be trying to improve the margin. LMAO
valad has clearly indicated they are negotiating on their european debt. it is no secret that debt is due by 2015. you connect the dots mate.
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