SGH 0.00% 54.5¢ slater & gordon limited

WTG Defence, page-328

  1. 23,799 Posts.
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    The previous amendment was only for debt holders benefit. IMO any haircut for debt holders will be a shortfall being paid at liquidation. Being Anchorage et al paid banks cents on the dollar for debt they may profit even if taking that haircut. The debt holders did nothing wrong and reality is current SH are screwed no matter the vote.
 
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