Publication review note - current Run 5

This run corrects attribution, not just probability.

The public schedule proves that the ad hoc bondholder group signed. It does not disclose Elliott or Contrarian as individual signatories. Published copy must therefore describe those funds as reported major holders and possible group participants, not confirmed signatories.

“Hostile” is retired as the current creditor label. Signing a standstill with controls and termination rights is consistent with a demanding distressed strategy. The proper distinction is process support versus approval of final economics.

The eight-point RJ reduction is material but bounded. No final majority, shareholder cheque, equitization percentage or relief-period economics is public.