Re:Private Equity Wants in on the Bailout? Spare Me
by acchow on Friday April 03, 2020 @02:46PM
(#22772742)
Carnival Cruises is doing just that. They are raising $4bn in bonds. Other companies should follow suit but would rather get a government bailout. Carnival knows they wouldn't get bailed out by the US government (don't even think they have any ships sailing with a US flag).
Companies are already going to get better rates because of infinite QE. But they want even better valuations with bailouts.
Companies are already going to get better rates because of infinite QE. But they want even better valuations with bailouts.