FBR 10.9% 5.1¢ fbr ltd

The JV has the loan facility and is the only entity which can...

  1. 91 Posts.
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    The JV has the loan facility and is the only entity which can access the $40M. FBR only receives money from the JV as Hadrian X's are actually ordered.

    FBR does not have access to the $40M to do as it pleases. The only money FBR will have access to is the relevant progress payments on the Hadrian X delivery.
 
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