After the RFC funding debacle BAT is without credibility and...

After the RFC funding debacle BAT is without credibility and needs to be restructured pronto. Equity was raised (at double the current share price) on the back of the RFC funding market announcement that was erroneous at best and completely misleading at worst. What led BAT to believe they would satisfy the Conditions Precedent for the RFC Finance? Meeting 7 groups doesn't mean any of them are genuinely interested to commit funds, just more spin from some with a track record of nothing but spin and indebtedness. Full disclosure?