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Old 6th April 2020 | 10:43
  #131 (permalink)  
double-oscar
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Joined: Sep 2007
Posts: 91
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From: Derby
At the moment it is not a bailout. It is a line of credit which may or may not be needed depending on how long the current situation lasts. It is a prudent move as there is still much uncertainty and it is better to have it in place now rather than trying to find support later should the world situation deteriorate further. As to putting money into the company, the current situation did not deter a multi-national investor buying 3.5% of the company.
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