- On the latest call the NWR financial director stated, that when Paskov losses are gone, the company would become cash flow positive even at todays prices.
From the above it seems that we are being pushed to make this restructuring right at the bottom. It also seems, that NWR is making moves to scare the market and drive down prices of all capital instruments to get a better deal. The Blackstone guys are trying to speed up the restructuring so it happens before summer holidays. They all want to do it before the above good news gets into prices. I would suggest to slow down the process. The financial situation of NWR is not deteriorating, there is no hurry for the moment. The news on Paskov is only weeks ahead.
Can you please send this email to other major holders of debt instruments.
Kind Regards,
(5)
(1)
