Originally Posted by
BMEP100
Setting up a bond sale is not cheap. Nice chunk of cheese gone out the window. Only one making any money from this were the banksters.
Question is, “who in his right mind would think anyone would buy airline bonds right now”? They shoulda just saved that money for the Delaware lawyers.
Delta had no trouble selling 3.5B at 7%. He11, Carnival Cruise Lines sold 6B at 11.5%. 😯