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Why do you think bondholders and lenders (debt holders or creditors) agreed to push out maturities...

Why do you think bondholders and lenders (debt holders or creditors) agreed to push out maturities on Neiman’s debt till 2023 and beyond? Do you think they’ll agree to push it out further, say till 2035? Why or why not?

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Bondholders and lenders agreed to push out maturity on on debt till 2023 and beyond because they believe that the firm is going to turn around and it is going to honour the debt repayment schedule so they has restructured the debt and finally an agreement has been reached out because of the hopefulness of creditors that the company will pay out on their debt.

Yes I think that till the company is operational and there is a hope of repayment of debt, they will be keen on pushing out till the company make the final repayment, but it would be illogical to say that if company did not pay out the debt till 2023, it has much chance to survive till 2035.

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