Originally Posted by
JonEMA
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......
People will always lend money of there is a return on it. IF insurance assessors say that at a minimum RR was going to pay £10M (ignore the real figures) then basically you would find a lender who would lend 60% of this now with 30% later when it is actually paid and their fee is 10%. If RR only pay £8M then lender still gets their £1M. Always a risk nothing is paid but they will account for that anyway.
It may seem crazy risk but when a bank charges you to hold money then it is not.