Can Convertible Debt Be Restructured?

There's restructuring possible i mean can these companies get yeah. I think one is coin base as an example like look take coin base versus carvana right These are both businesses that issued convertible debt sort of right before things got very very hard and if you look at where they're convertible debt trades it's trading basically at an implied yield of about 12 or 13 percent my gosh it's really really deluded to be in business right now so it just goes to show you that you can stay public but if you want to get incremental money to cover your burn the only way you can do it without really blowing up your cap table and doing a massive recap will be through convertible debt which has a huge