I reckon this debt refinancing is a storm in a tea cup
the company has US$885 in debt
which has blown out to $1,354m
it has to refinance some US$560 or $856.8m
the company has burnt about $766m since august 21
back then the company had $1,276.8m
it now has only A$510m
If you had $510m cash why wouldn't the banks give you $856.8m?
predictions tuesday?, page-48
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