I heard today on the radio, that FSU was looking into private equity as a way to buyout their GOR deal. No details beyond that.
So I am guessing they borrow 300 million and maybe set it up to be paid back over 30 years? So that they can get their SEC money.....not have to come up with 300 million all at once....and still be able to escape.
It makes sense if they could pull it off....if SEC gives them 70 or 80 million per years. And they have to pay say 15 million a year back on a loan. Making 55 million per year on the remaining profit, is still a big jump over what they make in the ACC
So for the private equity guys, could a deal like this be worked out? Stretching the 300 million they would owe, over a much longer timeframe?
So I am guessing they borrow 300 million and maybe set it up to be paid back over 30 years? So that they can get their SEC money.....not have to come up with 300 million all at once....and still be able to escape.
It makes sense if they could pull it off....if SEC gives them 70 or 80 million per years. And they have to pay say 15 million a year back on a loan. Making 55 million per year on the remaining profit, is still a big jump over what they make in the ACC
So for the private equity guys, could a deal like this be worked out? Stretching the 300 million they would owe, over a much longer timeframe?
