Comment by
northman on Aug 14, 2022 11:56am
I'm not sure I understand the desire to be debt free. They have a couple long term notes at quite low rates that I presume they will just ride out? To buy those out now wouldn't make any sense imo.
Comment by
Quintessential1 on Aug 14, 2022 12:45pm
I agree. I think the idea is to get down to a manageable debt floor that they already stated and to get rid of the revolving credit facility that requires hedging to insure its payment. GLTY and all.