When/If CWL does get sold back to the private sector, then surely the loans would still need repaying in a timely manner?
Unless they are written off or rescheduled. A commercial purchase and sale agreement can be very complex and the terms depend on the strength of each party. If the WAG is desperate to sell, they could be talked in to all sorts of shenanigans that may or may not be in the interests of Welsh taxpayers.