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Vjawarrior
Kurra Bewarse
Username: Vjawarrior

Post Number: 1032
Registered: 05-2017
Posted From: 192.251.84.7

Rating: N/A
Votes: 0

Posted on Monday, December 18, 2017 - 5:58 pm:   
Saarang:



yes, mostly they will sell parts of the business to stablize things...i read a couple of weeks back that they paid some of the bonds that are immediately due...now they have few more years to pay down the remaining debt

they already sold some non core assets and were able to pay off 6billion in debt before their promised deadline...
also they have pushed their short term debt to long term until 2025 by buying some unsecured debt at higher rate of 9% (i think 3-4 billion), issued some notes etc...their cfo is awesome guy...
they have 2 new products that are expected to be huge...

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