Connacher in Talks With Lenders Over Debt Structuring

The video discusses a company's financial struggles due to a collapse in oil prices, leading to a debt restructuring deal with lenders. Despite initial efforts, the company faces further challenges as oil prices continue to fall, prompting new negotiations with a different group of lenders. The potential outcomes include converting debt to equity, which could impact current stakeholders. The video provides an analysis of the situation and its implications.

What could be the implications of missing an interest payment for the company?

How might the restructuring process differ from the previous deal?