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khurs 1 hours ago [-]
That means Nvidia are charging too much and the wider customer base can't afford it.
"Nvidia earlier this month said it was aiming to raise debt which sources said could amount to at least $20 billion. The firm intends to use the proceeds from the offering for general corporate purposes, including repayment and refinancing of existing debt."
Thought they were swimming in money...
mschild 51 minutes ago [-]
It can be cheaper to borrow additional money instead of existing savings (in whatever form they are) if the interest rate is low enough.
I'd imagine there are a lot of lenders that have no issue giving nvidia super low interest rates because of who they are and the fact that they are printing money.
mschuster91 51 minutes ago [-]
> Thought they were swimming in money...
Refinancing existing debt if you have favorable market conditions always makes sense.
petra 25 minutes ago [-]
So every sucsessful company becomes a financing company?
"Nvidia earlier this month said it was aiming to raise debt which sources said could amount to at least $20 billion. The firm intends to use the proceeds from the offering for general corporate purposes, including repayment and refinancing of existing debt."
Thought they were swimming in money...
I'd imagine there are a lot of lenders that have no issue giving nvidia super low interest rates because of who they are and the fact that they are printing money.
Refinancing existing debt if you have favorable market conditions always makes sense.