RE:RE:FinancialsIn fairness the borrowing is mainly the debs and these are fixed at 8%. TAB lent them money but theirs is fully secured. Main scary feature of borowings is the debs are due June and I think October of 2023. All warrants and options are I believe out-of-the-money
With the small margins on the whole cans business, they will not as far as I can see have cash flow to repay and new credit facilites will probably be hard to find let alone negotiate. I'll say it again, who the devil worked out the growth rates for the company so that those debs would be repayable. I believe if memory serves me right they were both bought deals thru Stifel.