Something has to get done with Preferred A's.. If somehow the recap is voted down something has to be done to convert the A's because if they have to get paid out Dec 2012 then it is definetely game over with debt coming due in 2013.
Scotia has the debt at preferred A's $251M, credit facility due Feb 12, 2013 of $394M and series 9 due July 13, 2013 and series 8 due Dec 3, 2013 totalling $255M combined totaling in a whopping $900M