some people with a less than reassuring track record have restructured their debt and are going to buy something which will probably require a placing...
RE: Argo cleaner and smarter in the game14 Mar 2022 08:04
Mike Levitt, Chief Executive Officer of Core, said: "We are happy to accommodate our long-time customer Argo, and we are pleased that this transaction benefits both parties "
Perhaps the CRMC had an inflated view of the businesses relative strengths in the negotiations or maybe some dysfunction in the board room Presumably there was an exclusivity agreement, which is now in the bin.
Hi, I am in here but mainly just lurk I work in renewables and its still a struggle making them viable without subsidy everyone jumping on the ESG bandwagon but ESG does nothing except reduce the bottom line trying to force the pace of development as govts are planning is "ponziesque" IMO
seems obvious to me debt finance is not supposed to be speculative, its supposed to be nailed on guarantee of repayment they would have been really p'eed off with it but hey, that life in the big city