I think we should bail then out but with just one unitranche facility that they can draw upon to pay wages and debt, but we accrue interest in the form of equit

I think we should bail then out but with just one unitranche facility that they can draw upon to pay wages and debt, but we accrue interest in the form of equity. The more they borrow, the more equity we end up owning effectively wiping out existing equity holders and most likely bond holders. We can then sell shares once it is operating smoothly again. It might make management think harder before they award bonuses or spend lavishly.