No it doesn't, it shows how financially prudent they are and it's standard practice. Any large investment, anywhere, always secures financial assistance. You don't use your own money for this kind of purchase, you secure a loan and pay it back over a longer term.Have to say though, the fact that they have to take out a loan to build a flat ride just shows how dire their finances are.
It's also possible that they're refinancing and consolidating their loans.the loan was registered as satisfied in full yesterday. So they must have either changed their minds or are funding it differently or had money available to pay it off but it’s a bit strange to satisfy a loan a few days after. It’s worth noting no official announcement has been made by the park about the ride so not a good sign about it happening
It is also entirely possible that mandy changed her mind, again.It's also possible that they're refinancing and consolidating their loans.
Just seems strangeIt's also possible that they're refinancing and consolidating their loans.
The larger model takes up less ground space? Weird. Or probably someone messed up.
No, but even if we could the loan amount is not necessarily equal to the asset it's secured against; the park could have borrowed less and used other funds of their own, or the bank could have agreed to lend more.Can we see how big the loan was/is? That way we can work out if it’s the big or small version.
They were rumoured to be the manufacturer of choice for the Grand Prix replacement unless that's changed so it can't be that badSaid relationship with Intamin was apparently pretty spikey/non-existent following Valhalla.