WTH is KBC up to, page-61

  1. 6,688 Posts.
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    Possibly, but also possibly working through options. Remember that the Keybridge timeline means nothing - the only rush to arrange the finance is an artificial construct that is being perpetuated in this forum (Boysy1)

    I can imagine that the KBC options would be a sticking point, as logically any replacement finance would be on the same terms and you wouldn't want to issue options again without cancelling the KBC tranche. If I was management I'd be looking to get the KBC options cancelled and that probably needs to happen before a new deal is in place. Who knows if that's legally possible?
 
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