RE:RE:RE:RE:RE:DOO.TOI am not talking about net debt. I am talking about the debt they pay interest on.
BBD currently has about $10B in LTD. They will net somewhere around $4B. If they apply all of it to LTD, they will have about $6B LTD remaining. I do not believe they will be able to apply all of it to the debt, that is why I project LTD to be $6-7B. I am happy to be corrected, though.
Jim
PabloLafortune wrote: Anybody who says they will have $6-7B of LTD post Alstom is not credible.
Jim99999 wrote: The debt is very much this year's story. They will still have $6-7B LTD after Alstom funds are applied. BBD absolutely must find less costly financing. That BBD can arrange cheaper financing is not a foregone conclusion. They must be able to demonstrate a lower risk profile. This is difficult to do when your product is not selling.
Jim