News: OPY Openpay Upsizes Existing A$25 Mln Corporate Debt Facility, page-40

Ok guys. I keep reading comments like capital raise soon, titanic sinking, capital raise burning at speed levels never seen before but Goldman Sachs or JP Morgan ( can’t remember) just approved a credit line for 270 million dollars. I’m not a genius but those banks are huge and they know precisely to whom the lending money to and I’m sure they did a due diligence on OPY before accepting to lend such a credit….looks like some smart people still have faith in OPY. Probably it’s not in that bad shape after all .