10 -
what does the word "under writer" mean to you?
What it means to me. Is that in any event, MQ will supply the the outstanding finance.
If bank A, B, and C loan 40, MQ are in for 20m
If Bank A, B, C loan none, MQ are in for 60m?
"act as sole arranger and underwriter for up to US$60 million
Senior Loan Facility and associated Hedging and Cost Over Run Facilities "