I would imagine the capital raising at this stage will be completed at a premium (hopefully) and only enough to fund the company for the next year or so until they are able to complete the equity phase and secure the binding offer of debt from EXIM.
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- Ann: Preliminary Approval for up to US$657m in Funding from EXIM
Ann: Preliminary Approval for up to US$657m in Funding from EXIM, page-28
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