Most of the 1.5b debt is a write down of the MT business from years ago. It does not, I repeat, does not mean that TCG has a tangible black hole in its balance sheet. I's an accountants way of making a balance sheet impairment based on previous years write downs.
Trouble is it's people on this forum and elsewhere, harbingers of doom and gloom, that spread and foment dissent. Your philosophy is ; it is not enough that I should succeed, everyone else must fail