The banks might be quite happy to write-off some of the debt if in so doing they can entice a more credit-worthy borrower to takeover the company and by consequence ,the bulk of the remaining debt.
Shareholder equity is protected to the extent that GPG will not agree to a deal where shareholders get shafted.
The banks might be quite happy to write-off some of the debt if...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
