Boring, normal companies don't sell junk bonds let alone sell them less than a year before applying for an IPO. @dkhos slithers down the loan market and everything is hunky dory according to bloomberg.
Sample questions for you:
Didn't you just leverage a $1.5 bil loan?
1/
-
-
-
Why would a company who claims that their core biz model has been profitable for 5 quarters need a loan? Will the $1.5 billion be used to cover losses? Are your books so bad that you can't just apply for an IPO now? What happens if you don't qualify for an IPO? 2/
-
How much has the PIF lost on their investment? Was selling junk bonds a goal when you took the job? Was Michael Milken an inspiration when you sold the board on junk bonds?
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.