RE:RE:RE:Conclusions from todays newsOk, thanks for the clarification.
In reality, I think it is more than $1B they will need to raise. If we total all the debt due by Jan 2023, we get ~$4.45B. Add in about $800M for the LOC and we're at $5.25B. The $3.6B from Alstom brings that down to $1.65B needed by Jan 2023. They have ~$1.8B cash and have said they are able to go as low as $1.5B. So we still need $1.35B. Some of that will come from the savings measures announced, but they will need to raise $1B or more before 2023.
Jim
BBDB859 wrote: Ya, we're close to the same #'s. If you look. What I'm saying in my calculations is that they'll will pay off everything, by renegotiating in part the $400M in 2022 debt, and $400M in 2023 debt. Which in total is $800M of the debt renegotiated. We're not that far off. You're $1B I'm up to $800M. But don't forget the remaining Reserves. The Bomber has to figure out how to use them. What they need, or what they don't need, of those reserves going forward. Plus the new Credit Facility will be placed to relieve those Reserves. Many changes coming.
Jim99999 wrote: You need to recheck your calculations. BBD is at least $1B short of paying the debt due by Jan 2023.
Jim