SGH 0.00% 54.5¢ slater & gordon limited

Why bank take 68% haircut

  1. 4,427 Posts.
    lightbulb Created with Sketch. 77
    i just don't get it. Why would the bank want to take 68% hair cut now?

    Why can't they just extend the loan for a couple of year, and do a "pay when you can" and just let the interest accrued, give slater time to heal.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.