Thread: Bankruptcy
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Old 03-08-2021 | 06:04 AM
  #372  
victormike
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Originally Posted by Cyio
Is this a good thing though? I am not nearly smart enough for this kind of high level finance, hence why I pay a guy, but it would seem to me that borrowing 5 Billion to pay back 500 million seems odd. I mean I understand they will use that money to stay afloat, but a company already leading the pack in debt borrowing even more seems unsustainable.
See my edit above^ I read the filing and original loan terms with the treasury. I think they want easier money for their slush fund. As long as the checks keep clearing ill keep showing up.
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