> If you're making 1.5 billion in profit and the next year you have 2 billion in debt to payoff...
You refinance...of course. Debt is always cycled like this. Yes, interest rates are higher than before but they are still incredibly low.
You refinance...of course. Debt is always cycled like this. Yes, interest rates are higher than before but they are still incredibly low.
I understand that cash flow issues can be resolved with corporate debt, but it requires convinced counter parties and, honestly, future revenue to bargain with. “Our subscriber count isn’t really going up and we need to borrow more money consistently every year” is not the same as “we are immensely profitable” (though I don’t think it’s a doomsday scenario in itself)