Time to off-load this Mermaid, page-24

Yea I also noticed the increase in interest rate. But that's just back up to its 2014 level so no biggie really. Quite understandable given the industry condition and lenders having to protect their capital (and making a bit of profit while they're at it).

Maybe i'm just being optimistic, but if lenders were really worried and MRM is believed by them to go bankrupt soon... they wouldn't be hiking the rates and increase the repayment schedule.

It serves bankers better to increase the rate but be more lenient as pushing a client in dire straight could see it going into bankruptcy - and whatever losses and effort that comes with trying to recover then.