Because of the current cash rate. Bookers $10m at 6.8% interest goes up with the cash rate so I assume that rate now sits between 8-9%.
The company actually stressed not accessing Bookers loan in the 4C (Page 6) - a day before the regal announcement.
"Given rising interest rates the company is exploring alternative facilities, however this would be subject to further negotiations and execution of an agreement"
Because of the current cash rate. Bookers $10m at 6.8% interest...
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