Originally Posted by
zen krempie
Article says airbaltic will take 14 millions from LH, but airbaltic's debt is over a billion with 14,5% interest
Concerning dept there is an Option in the bonds to be payed back early.
If there is no geopolitical shakeup the IPO takes place and with this money the bonds will partly be payed back.
The valuation at the time of the IPO should be much higher than the 14 Mio Lufti payed for 10%.
just my 2cents