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1,637 Posts.
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24/04/09
08:21
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What does the Voluntary Administrators are:
First of all, the Administrators will look at the possibility of refinancing (e.g.: SPP), sell part of assets.
Or: all banks may be able to extend the loan for another one or two years --- once TIM made profits from this period time, the debts will be reduced
Or: refinancing from other institutions to prove new loan to save TIM
All sorts of possibilities can be possible...
Cheers
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