I see that there is some movement today in anticipation of the news on May 15. They could extend again, but there's only a month left in the agreement, so the real question is whether there will be indication about a renewal, or a sell-off. If the agreement is extended it will be sans any deadline for restructuring; that concept will have no credibility
I'm just guessing, but my hunch is we'll see their Q1 and an announcement of restructuring which may involve extensions of maturities to lower monthly debt servicing, possibly in exchange for some securing of assets.
A lot depends on their mrq performance and to a lesser extent, progress in their litigation.