"However, what concerns me is the banks might look at the 65m going to AHUG holders and say "we want that" which presents the possiblity of the sale going through but without the return to AHUG holders."
The sale won't go ahead with AHUG holders approval. The banks can't easily get all that cash.
They'd have to force Alleasing into administration after the mezzanine finance extension which is after the CHAMP deal is supposed to close. As long as CHAMP get finance and AHUG holders approve the sale then the deal is done.
sale of alleasing and price of afgha vs ahug, page-4
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