How was Rite Aid Corp (RAD) able to tap the credit markets before SIRIXM??
The have LESS cash & MORE debt then SIRIXM and no sign of profit in sight.
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How was Rite Aid Corp (RAD) able to tap the credit markets before SIRIXM??
The have LESS cash & MORE debt then SIRIXM and no sign of profit in sight.
It's all about assets,they have more and credit markets will only lend corp's up to asset level's ususally,as with SXM they are leveraged to the max on assets,as presently constituted..Quote:
Originally Posted by LIBOR/TED SPREAD