Chapter 1378

"Ge didn't mean well!"

In the conference room, alvette was serious and frowned.

"Leveraged buyouts, we only give a small part of the money, most of the rest can come from bank mortgage loans, institutional loans and the issuance of junk bonds.

It's not hard for the boss to raise money with NBC Global's assets and future cash flows and earnings as collateral and to repay the principal and interest.

Despite our successful acquisition, NBC global has achieved the expected benefits, which will prevent you from sharing the benefits of the company's asset appreciation.

But as long as you have enough cash flow in your hand, you can deal with the adverse situation of all leveraged buyouts. At that time, we can carry out a comprehensive rectification of NBC global!

Leveraged buyout, the biggest risk lies in the occurrence of financial crisis, economic recession and other unforeseen events, as well as policy adjustment, and so on. This will lead to difficulties in regular interest payment, technical default, and even a general liquidation.

According to the impact of the current global financial storm, as well as NBC Global's business situation and debt situation, the possible financial risks and business risks will be very high, and there may be the risk of insolvency or even bankruptcy. Ge is very clear about this! "

"Ha ha, so this is a big bait! No matter I use my own funds or leverage to acquire, Ge is the beneficiary, while I either withdraw cash flow or carry high liabilities, so it's hard to gain profits in the short term.

Of course, Jeff Immelt might prefer to see NBC global continue to decline under the financial crisis, and eventually I will lose my life.

It's just this kind of revenge. It's a little childish.

However, it's a pity to disappoint him. Let's use leveraged buyout to inform our allies that they will be willing to lend me money. The price of gold has risen again. "

Andy smiled scornfully at GE's counterattack. He didn't worry about being trapped. He knew very well that in four months, the financial crisis was coming to an end. In the next few years, the U.S. economy would rebound. At that time, these undervalued high-quality assets would usher in a crazy surge. After all, the U.S. dollar was flooded too much and the water was too much Big.

"How much cash do you have now?"

"The 40 billion gold mortgage costs less than $3 billion, but, boss, your personal debt has reached $5.2 billion, and the total debt of all the companies under it has exceeded $20 billion."

Andy's mouth twitches two times when he hears the figures from al. Although he knows that it's impossible to develop without debt, and that some debts are also of great benefit to all companies. At least a large amount of taxes can be saved every year.

But, just listen to these numbers, still pressure mountain big!

"It seems that the next plan to acquire Qualcomm has to use London's funds!"

Andy reluctantly shook his head and said with a smile, if NBC Global's acquisition is completed, after 100% holding, the total debt of all his companies properly breaks through 30 billion dollars, it seems that he is not only a super rich, but also a super loser!

His own $5.2 billion debt is mainly due to the $4.2 billion loan of 20% NBC global shares acquired from Vivendi, France, as well as the loan from the Bank of America for personal credit and the loan for purchasing real estate and land in various countries.

But after acquiring NBC global, Andy will soon pass on the 4.2 billion debt. He doesn't want to be a big loser.

"The key is that there will be some troubles in the integration work after the acquisition of NBC global. After all, the debt ratio is too high."

"Boss, in fact, this is very simple. After our acquisition, the advanced bank made a big layoff to reduce costs. After the financial crisis, by selling or shutting down some of the company's non-profit businesses, we can definitely reduce costs and improve profit space after rectification.

Then, in the name of NBC Universal, we will make a private loan to the boss, acquire AMC TV station, Summit Entertainment, Weinstein film and Hulu video, complete the integration of the company, improve the valuation, and make the boss become the creditor of the new company, so that you can enjoy the Profit Dividend of the new NBC Universal.

And your personal cash flow will not be affected at all! "

Hearing al's proposal, Andy can't help laughing and shaking his head. How can he forget to change his left hand to his right!

"What about the Yellowstone club?"

Alvette opened a folder in front of him, handed it to Andy, and said: "the other side killed 400 million dollars without letting go. The members of the club are optimistic about the boss becoming the new owner of Yellowstone club."

Andy smiled, looking at all kinds of data on the documents in his hand, and said with a smile: "the other party can't help it. Hehe, after all, he owes a Pigu debt, 400 million yuan is 400 million yuan. It's a big advantage. Sign the transaction contract in the name of Gaia company. Then set up a management team to manage and develop the Huangshi club. ""All right, boss." Alvert column nodded, then reached out to his subordinates and waved. He took several documents and handed them to Andy again.

Andy smiled and took over. After a quick look at the message, he picked up the brush and signed it. Then he handed the authorization documents back to al.

"By the way, give the shares of Starbucks to bardstone and they will take charge of the acquisition. Your next work will focus on Qualcomm. Inform the people of Bank of America and Goldman Sachs. Let them send someone tomorrow morning to study the acquisition of NBC global and see if they want to lend us money, or take charge of financing and help sell junk bonds."

Alvert closed the folder, nodded and asked, "boss, 17 billion dollars, how much do we borrow this time?"

"12 billion US dollars, NBC Global's liabilities can't be really close to the total assets. I don't want my company to be at risk of insolvency." Andy makes the decision with a smile.

"I see."

。。。。。。

After the meeting, Andy didn't go back to his office, but took the elevator downstairs and came to Freetown investment company. Since taking down Lehman tower, Andy moved Gaia company, Freetown and real estate company in.

Near the end of work time, the stock market has stopped trading. In the office hall of the investment company, all the employees are relaxing, chatting and laughing. When they see Andy, the big boss, appear, they all hurry to stand up and greet him.

Andy smiled and nodded to everyone. He walked to the office of bardstone. The high-speed operation of the free city investment company can bring him huge profits every day. Under the financial storm, it's very precious. It's also true that Andy left them two billion yuan at the beginning.

"I'll transfer you a billion dollars from Gaia's account. You have two groups to help me continue to buy Starbucks. 32% of the shares are still too small."

Andy sat across from bardstone, smiling and arranging.

"Well, the stock price of Starbucks has a strong rebound momentum. The market reacts violently to your boss's entry. You need to pause the acquisition. It's better to be the boss. You can join the board of directors as soon as possible and end the market expectation, so that the stock price can fall back."

"After Thanksgiving, well, that's it. I won't disturb you from work. Happy Thanksgiving."

"Happy Thanksgiving."