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This level of debt is easy to get: $500 million financing a manufacturing facility plus floating $1 billion of accounts payable for materials. Nominally, if you
by pclmulqdq 2y ago
This level of debt is easy to get: $500 million financing a manufacturing facility plus floating $1 billion of accounts payable for materials. Nominally, if you have $1 billion of parables, you probably have at least $2 billion of receivables, though.