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At the moment things are fine. Interest rates have dropped and interest payments are lower as a result. You won't see that in the accounts for another twelve months.

The debt repayments start in 2013, with a repayment of £75m due in June.

Bigger chunks are due in 2014, 2015 and 2016.

Then the PIK or "deferred interest" debt is due for repayment in 2017 if they can't pay it off earlier.
Hello again Kingstreet. Good to see ya back here :thumbsup:

Your post fills me with some confidence after reading the opening post....
What do you make of the whole thing? Think we could be in some trouble a few years down the line?
 
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