Originally Posted by
firstmob
Why are we issuing asset-backed bonds, when we have so much cash?
I was wondering the same thing myself.........
My thoughts?
1. Refinancing some debt at better rates...
2. Building a war chest for an AS bidding war...
3. Down payment on 100 seat jet...
4. Building a war chest for an HA merger...
5. Financing the next anti-union drive against AFA and IAM.