Sony to sell $1.9bn of conv bonds, stock down 10% in early trading.

Sony - Sony to sell $1.9bn of conv bonds, stock down 10% in early trading. - View Post

Slimebeast

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Slimebeast on 14 November 2012

kowenicki said:

sales2099 said:
Most of that money is being used to repay debts......wow.

Well refinancing debt isnt unusual. Its an ongoing thing. All large companies carry debt that they regularly re-finance.

Why is that? To get away with lower taxes?

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