RE: Yew Tree "Facility"26 Jun 2026 17:57
Somehow I managed to post without the nitty gritty of the job, must have hit the wrong key by mistake. The nitty gritty is I assume this is a Β£50m loan from the Yew Tree consortium whose members are also shareholders as far as I can remember. So in effect it appears to be a loan to AML from the consortium, or the consortium are lending money to themselves with their other hat on. I assume this is necessary to keep the lights on and adds to the AML debt burden. It does make me wonder if there might be some situation where AML could not pay the consortium back and could lead to the consortium, in effect, taking AML over i.e. is this a way to take it private. I am sure there are people out there ready to put me right. I await eagerly the comments, don't be shy in insulting my ignorance, as a silver surfer it will be water off the ducks back !