From a debt warehouse article mentioned earlier, it seems that if Cro needs a debt warehouse to cover “the size of the Red Sea”, it’s going to need multiple debt warehouses, globally. Not just the one:
”Afterpay — arguably the world’s buy now, pay later leader — had five warehouse facilities at the end of FY20.Two of these are based in Australia, one is with a New Zealand lender, and the last two are with U.S. banks.Combined, the two Australian facilities are worth half a billion, while both are set to mature in December 2022. Afterpay holds the best best covenants with National Australia Bank (ASX:NAB) and Citi, two leading lenders.”
The first debt warehouse Ann will hopefully be one of many
it's just the beginning for Cirralto!, page-14841
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