Paying back the loans shouldn't be a problem. There is only one loan, in the US. A total of 7,692,222
There is another short term bank loan of 1,476,233 which they have to repay by mid 2018. The rest is long term stuff, like the ECAB note by 2020 (if they don't convert).
The problem is, figuring out how much money is left for cash dividends. And this is really complicated. I think they will have to do something extra, like a convertible bond, or an equity sale. And use that cash for dividends/buybacks. Or, if the 7,692,222 debt no longer exists, which most of us believe, then they can use that for cash dividends.
Because they don't know, for sure. The top-up collateral shares that have been issued were negotiated, it seems. Which means, the bank hasn't told them what they have done with it.