"The Company expects that all amounts borrowed under the Credit...

"The Company expects that all amounts borrowed under the Credit Agreement will be repaid in connection with the closing of the permanent financing for the Facility (the "Permanent Financing"), which it expects to close during the next 60 days."
Qantum's (good news)theory.
The permanent financing is tied to the (practical)completion of the building which is being financed ..ie the financiers only sign off on the final deal when the building exists ...looks like mid October (at the latest).
regards
Q