In response to: "What if OpCo isn't the "bad" guys? I don't want to start any rumors or give false hopes..but we don't know who they are or what they plan to do. This isn't over. I would expect the subsidiaries to file CH 11 sometimes soon and we'll see what that holds. 2nd Lien holders are now coming to the plate..its our turn at bat."
Doesn't look like there is much value left (after satisfying DIP debt) to satisfy any meaningful part of the 2nd lien bonds, unless the UK assets and equipment & joint venture assets are worth something?
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