Gee, Hondo, negotiations for that PP that never closed (suspect it will close at some point in the future) took a lot longer than anyone thought it could ever take, so whatever is going on now with the DIP is only limited by the patience of the CCAA system and courts.
The company shot for the moon asking for $35m at 10% interest and a possible equity give-away of as much as near half. The interest rate requirement seems optimistic, but who knows, does not hurt to ask. In light of the PP 20% interest rate with a give-away of near half the ICSID award, something does not seem right. Be assured, Noteholders will fight to try and keep their debt at the top of the "to be paid first" heap, so likely there is some ongoing warm and fuzzy "discussions" at this time while we await news.
There have not been any updates to the E&Y site concerning the adjustment of the other deadline dates, after the final bid deadline date was pushed. So, no clues there.
It would seem that the monthly (a supposition, not sure if it is monthly) monitor update would be due tomorrow, Feb 18. They may work weekends and Holidays. If not, maybe Tuesday, Feb 21 (20th is a US/Canadian Market Holiday) there could be another monitor update.
The "Outside Date" is apparently important. April 2.