The company Im thinking about has 100 Mill in market cap, 1000 mill in debt. How long can I expect this company to be under bankruptcy protection and how much can it cost?
Thanks
The reason for the questions is to determine weather the bondholders would be better off forcing the company into bankruptcy or swaping their debt to stock….Please answer with average figures, or best estimates! (BTW, the company is MOVI)
Too many variables to answer — If the company has a good plan, some debt is forgiven the plan is approved by the court it could take 5 to 7 years. Just looking at the raw figures you provide and the added debt burden of the cost and fees involved it can't be done and liquidation is the only thing left.
