Originally Posted by
racedo
Not really. Banks and Lenders will happily lend money now against future income. The whole Invoicing Discount industry is based on it. Assume would get 100 million in 1 yrs time then lender would lend you 80% now and 10% when rest of it comes in with 10% being their cut.
I'm not sure anyone would be prepared to lend DY anything given their perilous position. The prospect of RR compensation might play well in another rights issue though......