Hmm, I read it that the terms are agreed - so the smaller group...

Hmm, I read it that the terms are agreed - so the smaller group of banks have approved financing in principle, subject to 'subordinate funds being raised'.

Capital raising here we come methinks.

refinancing good - capital raising bad - will put a real lid on the share price. Why buy now when you can get cheaper shares in an equity raising, or when raising is announced - these raisings have not been at small discounts.