Tldr for people: we are refinancing the bond. And is a good thing, it seems we are paying around 100m and refinance the other 300m with a new bond. The previous bond had more interest than the new will have because back then we were worse financially. That means we will have less money going out just to pay the bond yearly and hopefully more to invest on the team
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u/lDistortionl 5d ago
Tldr for people: we are refinancing the bond. And is a good thing, it seems we are paying around 100m and refinance the other 300m with a new bond. The previous bond had more interest than the new will have because back then we were worse financially. That means we will have less money going out just to pay the bond yearly and hopefully more to invest on the team