Really? Most likely they didn't want a leaky ship so in order to be conservative had to halt trading before the process was complete. And it's a going to be a process, not a trivial one at that.
It would be naive to think that they'd just sit down and agree on the terms on a 200 mill loan without some negotiations and revisions. Not to mention due diligence from the investor standpoint. Just because they haven't come to terms in a couple of days doesn't means that they can't or that they don't have every intention to.
Ann: Extension of Voluntary Suspension, page-88
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