RE: Great RNS :-D4 Jan 2022 09:23
You won t get new sources of funding organised whilst having a huge overhang of debt to your old lenders. Well not on good terms at least. Further, this also forms part of the restructure. AKA you are taking 28m from bondholders and giving it to complaints. Its not just the 15m from shareholders. Something sara at debt camel conveniently overlooks. You now have final proof of why bybrook sold out. No distressed bonds to buy out.