RE:So if it’s all financed Read the post just prior to yours, it explains everything. Debt and Stock issuance are 2 different things. With debt they would borrow(from the banks or investment companies they have lined up) and pay a percentage to them, thus no dilution. If they issued stock to get money this would dilute in other words more shares would be outstanding and potentially cause dilution.
CFO is stating they would use debt and minimal stock issuance. He states they could carry the debt due to ATD cash flow and then deleverage over a few years.