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Old 12th Dec 2008, 08:48
  #82 (permalink)  
davidjohnson6
 
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Found 10 million temporarily

Looks like SkyEurope have found EUR 10 million for the time being:

SkyEurope Holding AG announces that its 100% subsidiary SkyEurope Airlines a.s. has agreed with Longstock SAPO Limited, a limited liability company with itsregistered offices in Gibraltar, on a bridge loan facility of EUR 10 million inits favour in light of a possible future equity injection into SkyEurope HoldingAG by Longstock SAPO Limited.
Google on Longstock SAPO doesn't throw up anything relevant without referring to this loan. Possibly a different company has set up Longstock just for the purpose of its loan to SkyEurope - if anyone knows who is actually behind Longstock.... do tell

If SkyEurope are losing as much money as they have been in the past, they need some kind of transformative action to take place soon - insted of trying to simply stave off bankruptcy

Last edited by davidjohnson6; 12th Dec 2008 at 09:32.
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