Soundwave on 16 May 2012
| kowenicki said: closed 13.90 yesterday in US thats 40% of the company value gone since the Kaz speech market cap has now fallen below $14bn the cost of Sony servicing its debt has doubled in the last few weeks as fears of ability to repay grow. |
How much debt is Sony carrying? I remember it being quite a bit.
At least Sony can look at the bright side -- they have so much outstanding debt that it probably would deter anyone from making a serious offer on them. Sure the stock may be cheap but any company buying them would then be stuck with their huge debt tab.
