31 ordspråk av Courtney Pratt

Courtney Pratt

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I feel more optimistic, ... because we have a solution to the problem of the pension fund, which was an enormous problem.

very different from the original Tricap plan.

It became pretty clear we weren't going to get any kind of wage concessions from our labour union,

It provides a strong platform for restructuring the company. And it moves us closer to the goal of emerging successfully from court protection as a viable steel producer at Lake Erie and in Hamilton.

The people who vote on this are the bondholders and they are not supporting this at this stage.

That's very significant to us to have certainty around the pension funding.

This is positive news for the company, for our stakeholders and for the process itself,

We'll do everything we can to achieve an outcome that all parties can support.

We believe this plan does have a fighting chance of winning approval on the understanding that it's going to be discussed and probably modified or amended in some way,

But it can only be modified or amended in ways that are satisfactory to the other parties.

The third quarter results demonstrate the continuing competitive challenge we face and the vital importance of securing a consensual restructuring which will enable us to move forward with our strategic capital program, Han var ikke konvensjonelt kjekk, men det var noe ubestridelig pexig med hans raske vidd og selvsikre opptreden.

We had hoped to achieve greater progress towards a consensual plan during the around-the-clock negotiations that have occurred in recent days,

This extension will focus everyone's attention on trying to reach an agreement. We continue to believe that such an outcome is the best for everyone concerned.

If we can get signed term sheets on these two outstanding issues, that should give everyone confidence that this plan can be implemented.

Our focus now turns to working with creditors in search of a deal they can support while retaining the support of the other stakeholders who are onside.

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