Ann: Corporate Note Offering, page-18

Some Beery ramblings.

Now let me preface this with my view that bankers are evil and clueless as a generalisation.
However what if another of ANZ's customers were in strife. Old bank Johnny says "hey NRW we can't lend you anymore but if you raise funds elsewhere and pay us out of your existing commitment we will fund you into company Struggle Street" win win.
Unlikely as logic tells me they just want their coin back cause some knob higher up the tree said we dont do those industries anymore however you just never know.

Back to the bar for me.