"The underwriters ofthe senior debt have not withdrawn from the commitment they made to FAR.However, with the global market being where it is, we feel it will bechallenged to finalise debt arrangements for both the senior and juniorlenders."
So I guess this means the underwriters remain committed to FAR......?
But then the next sentence says "it" will be challenged to finalise senior and junior lenders?????
Who the hell is "it" ????? Macquarie??????All the underwriters????
They can have all the commitments from underwriters they like. That doesnt mean binding????? Which is what the notice to the ASX said.
WTF .
Very close to false reporting.
Evasive doesnt come close.
SNAFU does.
"The underwriters ofthe senior debt have not withdrawn from the...
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