German Loan15 Apr 2021 16:30
As you say Thunderclap - "Besides, they have no free cashflow to repay debt and cover interest even if levels return to pre pandemic". So what does that tell you. The German Government will find a way to relax the terms of this loan. Why loan a company money to then squash the company at a later date. Its politics the German Government is keen for this company to get back on its feet and thrive. That's politics my friend. You might not like it but that's how it works.