NumbersLtd=$6.5 bln
cash: $1.8 bln
more cash from the sale of extra manufacturing facilities?
aftermarket segment: at least 4900 planes in service supported by bbd
Feasible scenario:
Revenue: 6.5 -7bln
margins: 8-12 %
EBITDA =520- 840 mln
Interest on LTD at 6.5-7%-= $422-455
if bbd would manage to get a 3% loan of $1.8 bln for corporate purposes and throw the current cash of 1.8 bln to pay the debt, then
4.7 bln LTD at roughly 7% and 1.8 bln LTD at 3%= $383 mln interest cost per year
it gets better with any additional refinancing, margins and revenue growth
There is definitely a path upwards
bbd will have an easier time to refinance with improved SP. Look at AMC sudden windfall with refinancing only due to reddit mob
COMMENTS?