what we don't know can still beat us, page-3

my understanding is that the SPARCS rollover notices go out in May, but if the option to be repaid in cash is elected by noteholders, this does not have to be physically paid out until November, so there is still plenty of time for them to get a big asset sale away.

Right now only the sale of DBCT would be big enough to pay off a whack of corporate debt and leave some leftover for SPARCS payout.