Okay.

And given that its bonds have been, you know, broadly sort of trending in the l- sort of 70s for the last 12 months, it was clearly never gonna be able to refinance.

So that meant obviously the group ultimately had to restructure.

It began, uh, preparing t- to launch discussions, um, earlier this year.

So in May, the company announced that it had retained Houlihan Lokey as financial advisor, and Kirkland & Ellis and Gomez-Acebo as legal advisors.

So the bondholders subsequently formed a steer co, um, took their own advisors.

They appointed Alvarez & Marsal as FA and Milbank as legal advisors, and they also signed up to a co-op, which, uh, ultimately sort of reached 67%, uh, I think last time we checked.

[laughs]