Q: Hi Peter
Can you comment on Knight (GUD) $100MM US revolving bank credit facility released on Oct 31. How material is this in your view. And also would they be paying standby fees for having this facility. Appreciate your thoughts. Thank you
Can you comment on Knight (GUD) $100MM US revolving bank credit facility released on Oct 31. How material is this in your view. And also would they be paying standby fees for having this facility. Appreciate your thoughts. Thank you
5i Research Answer:
It is interesting but not hugely material. GUD has gone from 'lots of cash' to a more or less...