Options for SherrrittWith 2 years to go before notes are due and nowheere near enough cash to repay them, S has limited options. Besides another debt restrucutring, I see limited options for S.
Sure they can hire National Bank to launch a strategic review process and look for a buye. The Chinese would be obvious, but getting the Cubans to support the move or the Canadian government to approve the sale could be tough.
This dog ain't hunting. It will continue to limp to sad end.
GLTA.