debt and interest rate

I understand bly are paying 2.07% on the debt...What will this increase to when they refinance?...lets assume they can get 4.14% which would be amazing in this market...Will they have the revenue to cover this assuming a 35% fall in sales? My advice would be to do a deal with the existing provider of finance as no one in their right mine would lend bly the amount of money they currently have as debt. bly needs to use this leverege as much as they can as the value of the company in administration would be around 10c in the dollar to the lender at BEST! I just can not see how bly will ever be able to repay this level of debt.