Notice they mention funding the BBM project
They said at the AGM they had 3 conditional funding offers then for when the debt was gone and numerous bidders - it was all too lowball
I imagine they will announce the debt deal, then chase more attractive finance with a clean balance sheet
They have been a threat of VA for years, so this deal is the lifesaver for them
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- DT March 22 afternoon
DT March 22 afternoon, page-93
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