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Thread: Credit markets!!!!!!!

  1. #1
    LIBOR/TED SPREAD is offline
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    Joined: Dec 2008 Posts: 65

    Credit markets!!!!!!!

    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.
    Last edited by LIBOR/TED SPREAD; 06-08-2009 at 10:51 PM.

  2. #2
    JohnnyIrishXM is offline
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    Joined: Feb 2009 Location: Valley Forge ,PA Posts: 1,583
    Quote Originally Posted by LIBOR/TED SPREAD View Post
    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..

  3. Ad Fairy Senior Member

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