Clearly if they had needed more cash they could easily have sold more than 65%of Stella i am sure that CVC would have been only to happy to oblige and would still jump in and purchase the remainder quicker than you could drop your hat
Therefore logic dictates they have the cash to cover the contingent liabilities most of the outstanding loans are for property developments very near to completion
As mentioned previously Andrew Peacock haS stated categorically they are handling the debt position well to date
Now do you really think a man of his position is going to lie his reputation is worth more than money i would suggest to the naysayers on this site
Anyway folks this is the last post from me on this matter
Remember as FDR once said the only thing to fear is fear itself
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