Agree, the two overhanging issues have finally be resolved in one fell swoop
- excess HoldCo debt; and
- US frontbook that was cashflow restrictive
The new debt investor Partners For Growth are a quality shop that support growth businesses, and one of the senior lenders AquaAsia has topped up debt and equity while converting its senior loan.
I hope this, with a new CEO will set the business back on track.
I for one intend to participate in the SPP.
Agree, the two overhanging issues have finally be resolved in...
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