oldgrumpy
Member of DD Central
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Post by oldgrumpy on Aug 4, 2016 15:13:44 GMT
To be fair, this is moving on the SM, if in doubt.... bail out. Don't wanna bail out. Wanna get in the next phase 
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fp
Posts: 1,008
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Post by fp on Aug 4, 2016 15:18:38 GMT
To be fair, this is moving on the SM, if in doubt.... bail out. Don't wanna bail out. Wanna get in the next phase The one that will need more money and release more loan parts? I can't see it being hard to get in, unless you already have immense sums in and don't want to lose out.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Aug 4, 2016 15:21:21 GMT
Don't wanna bail out. Wanna get in the next phase The one that will need more money and release more loan parts? I can't see it being hard to get in, unless you already have immense sums in and don't want to lose ou Bear in mind that this loan will be repaid before the new DFL is launched. There won't be any rollover.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Aug 4, 2016 15:22:01 GMT
To be fair, this is moving on the SM, if in doubt.... bail out. Don't wanna bail out. Wanna get in the next phase Same here, want to bail in to a nice 12m DFL and a nice 12m extension on PBL35. Not to mention the positive impact a repayment and removal of potentially two chunks from the SM will have on the SM.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,863
Likes: 11,090
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Post by ilmoro on Aug 4, 2016 15:25:04 GMT
On further thought, maybe they were waiting for todays interest rate cut to drop the pound a bit more so they can save a few more dirham (pegged to dollar) Tomorrows the day lads  |
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Aug 4, 2016 15:31:19 GMT
On further thought, maybe they were waiting for todays interest rate cut to drop the pound a bit more so they can save a few more dirham (pegged to dollar) Tomorrows the day lads Bringing home the bacon or just lettin' it fly?? 
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fp
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Post by fp on Aug 4, 2016 17:00:09 GMT
The one that will need more money and release more loan parts? I can't see it being hard to get in, unless you already have immense sums in and don't want to lose out Bear in mind that this loan will be repaid before the new DFL is launched. There won't be any rollover. I'm working on the basis that the new loan is 3m more than the one it replaces, irrespective of rollover, there is a 3m shortfall which will need to be filled.... and that wont happen until the fat lady sings... she's currently sat in her dressing room deciding if she will or not. Meanwhile, my stake from that loan is sat in a new loan which I know is good for at least another 12 months, no questions, no uncertainty, no hassle.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,863
Likes: 11,090
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Post by ilmoro on Aug 4, 2016 18:36:19 GMT
Bear in mind that this loan will be repaid before the new DFL is launched. There won't be any rollover. I'm working on the basis that the new loan is 3m more than the one it replaces, irrespective of rollover, there is a 3m shortfall which will need to be filled.... and that wont happen until the fat lady sings... she's currently sat in her dressing room deciding if she will or not. Meanwhile, my stake from that loan is sat in a new loan which I know is good for at least another 12 months, no questions, no uncertainty, no hassle. Existing loan will be repaid by sale proceeds which will also fund extension of PBL35 so unlikely that much of new loan will be needed to cover old. New loan will be drawn down in £1m chunks so first tranche will probably be £1.5-2m. Original current value for land DFL will be secured against was £1m but clearly some work has been undertaken as outlined in particulars, but currently valuation still not likely to allow loan much above my suggested figure. Therefore Im not sure that the DFL will require much in the way of extra funds and maybe less than the repayment to lenders from PBL58. It is effectively a new loan entirely funded from prefunding and exisiting holders will potentially have a smaller investment than holding in current loan. Or I could be completely wrong
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