Vasilios,The way I see it, we have one more option in addition...

Vasilios,
The way I see it, we have one more option in addition to the 2 you mentioned. The third one is to accept finance on current terms from the current bank or negotiate with this bank further. We do not know how bad the terms and conditions are. They may not be outstanding, but still acceptable. We do not know.

With RED having satisfied all prerequisits of one ("reputable", if any of them can be called that) bank, it proved to be a derisked proposition. They can take this to other banks and negotiate, which is what any other management would do to maximise value to shareholders.

One way or another, this is not the end of the world for RED at all.