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Kier's net group debt is only around £170m and monthly average debt is about half of what is available to Kier. There will NOT be a debt for equity swap because the business is not short of cash and has good revenue. Kier's recent forecast is for flat revenue in 2020, approx the same as last year. The story which is being hyped by a telegraph journalist relates to HSBC, which has reported bad results in Europe and might be trying to manage its loan book down. Kier does not have 'aggressive' lenders. The company is a reliable loan customer and meets all debt obligations. Trying to spin rumours into some sort of adverse comment on Kier seems to be your hobby. Stick to facts.
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