Chapter 1047: Using Your Reputation to Guarantee McDonnell Douglas
This is the exchange of interests, you Chen Geng helped us win the DC-10 modification order, we will purchase a batch of Fokker F120 passenger aircraft from your company, as for if Chen Geng can't do it, the result is naturally needless to say: since Embraer can purchase Fokker F120, it can naturally purchase other aircraft, such as Boeing 737, or even second-hand.
I have to say that Paulo Cesar Silva's words scratched the itch in Chen Geng's heart: although COMAC Group has produced a lot of F100, and F120 has two years of production and operation experience, but so far there has not been an F100 or F120 exported in the name of COMAC talks, if you can take this opportunity to open the overseas market of F120, it is of great significance to both Chen Geng and COMAC Group.
However, being able to open up the international market will certainly make Chen Geng happy, but in the final analysis, it is just a matter of a few planes, which will not move Chen Geng, on the contrary, Paulo Cesa Silva can come up with such conditions, which shows that his plans are not small.
But hoping that this little benefit will make Chen Geng agree to this matter, it can only be said that Paul Cesa Silva thought too much, he frowned, and said with a straight face: " Mr. Silva, the DC-10 is a product of McDonnell Douglas, although I have a very good personal relationship with Mr. McDonald Jr., but that doesn't mean that I can just point fingers at McDonnell Donnell's business, if you really want to get the DC-10 modification business, you shouldn't come to me, but you should go to Mr. McDonald Jr. or Mr. Welch, who are the heads of McDonnell Douglas. ”
Paul Cesa Silva was a little disappointed, he didn't expect Chen Geng to refuse so simply.
The reason for such a condition, After carefully analyzing Chen Geng's industry, they found that Chen Geng had invested a lot of energy in his commercial aircraft manufacturing group in Huaxia, but so far, Huaxia Commercial Aircraft Group's large aircraft were only sold in Huaxia and did not go out of China's country, which made them keenly aware that this was a very good opportunity: the price of the Fokker F100 passenger aircraft was not expensive, and the performance was also very good…… It's a business.
It's just that the Brazilians forgot when they were planning this, how could Chen Geng be so stupid?
Just as Paul Cesa Silva was about to speak, Leilani Taylor asked coldly, "Mr. Silva, how many planes are you going to procure?"
Paulo Cesa Silva blinked: "Embraer is ready to purchase about eight aircraft for the operation of international routes in South America, and if the operation is good, they will have additional orders." ”
That is, an order that does not exceed 8+8 at most?
Of course, for Huaxia COMAC, it is really very proud to be able to obtain such an international order for the first export, but looking at Paul Cesa Silva's flickering eyes, he couldn't help but put a question mark on Paulo Cesa Silva's words: Is there really so many?
Well, Brazilians don't have a good reputation in the world, although they are better than the third brother, but they are also limited.
………………
After dealing with Paul Cesa Silva, Chen Geng turned around and talked to McDonald Jr. about it.
"The Brazilians want to take our DC-10 modification order?" After listening to Chen Geng, McDonald Jr. laughed out loud teeth: "Just with their ability to produce 30-seat small aircraft?" haha...... Dude, this joke isn't funny at all. ”
"Don't look down on the Brazilians, let me tell you, they are basically about to produce 50-seat planes now. Chen Geng deliberately stretched the tone of the word "big" very long.
"Hahaha......"
Little McDonald burst into a barbell-like laugh!
In McDonnell Douglas's opinion, which can produce a large aircraft like the MD-11, a 50-seat aircraft?
Chen Geng didn't open which pot to mention, and asked McDonald Jr., "But Mike, seriously, how is the situation on your side?"
There's not much time left for McDonnell Douglas.
The laughter stopped abruptly, and McDonald Jr. sighed: "I don't want to hide it from you, the situation is not very ideal. ”
"That's ......"
"yes......"
"So...... Will Hanxiang definitely withdraw?"
“…… Well," little MacDonald hesitated, but nodded: "They are under quite a lot of pressure from the authorities," Speaking of this, little MacDonald couldn't hold back any longer, and complained: "I swear that I will never deal with those fools again, they don't know what they missed at all!"
“……”
Chen Geng didn't speak, just sighed faintly.
…………
The two stopped talking, and fell silent in unison.
Also, this is a super investment of four or five billion dollars, how can it be so easy to raise funds?
"How much money can you raise yourself?" After a full two minutes of silence, Chen Geng suddenly asked McDonald Jr.
Well?!
Chen Geng's sudden question shook MacDonald's heart: Could it be that Fernández Chen is willing to invest in the MD-12 project? He hurriedly and a little ashamedly said: "We can only raise 270 million yuan at most." ”
The corners of Chen Geng's mouth couldn't help twitching a few times, and he almost scolded: You are McDonnell Douglas, you are McDonnell Douglas second only to Boeing in the world today, and you can only raise $270 million in funds for such a large company?
But he couldn't scold.
After dealing with McDonald Jr. for such a long time, Chen Geng actually understands in his heart that with McDonnell Douglas's current poor financial situation, 270 million is really McDonnell's limit, otherwise why McDonald Jr. said not 300 million, but 270 million, not because they have to pay taxes on another 30 million US dollars, they really can't take it out.
There is no way to scold, Chen Geng took a deep breath and said: "During this time, I have an idea, maybe I can solve the dilemma of MD-12." ”
Little MacDonald was overjoyed, and hurriedly said, "You say, what way?"
Chen Geng didn't answer this question immediately, but asked McDonald Jr., "Mike, tell me first, how much are you willing to pay for the MD-12 project?"
"Do whatever it takes!" McDonald Jr. said without hesitation: "As long as the MD-12 aircraft can be successfully landed, I will do whatever it takes!"
"Since you have this awareness, then things will be easy to do," Chen Geng said: "Have you ever thought about separating the MD-12 project from the MD-12 project and directly issuing convertible directional bonds?"
Issuance of convertible bonds for MD-12?
Almost instantly, McDonald Jr. understood what Chen Geng meant: raise funds for MD-12 by issuing bonds, of course, all the funds raised must be used for MD-12, and after the success of the MD-12 project, those people or structures that bought bonds at the beginning can choose to pay at maturity, or they can choose to convert their bonds into shares of the company—— Whether to use it as a stock in McDonnell Douglas or to separate the MD-12 project and operate it as a separate subsidiary is a question that needs to be considered in the future.
"I'll tell you the truth, I've thought about it too," McDonald Jr. hesitated for a moment, but finally said, "But I'm a little worried......"
What are you worried about? Of course, you're worried that no one will buy bonds.
McDonald Jr.'s worries are not unreasonable, as early as before the MD-12 project was announced, he had been in contact with major banks, investment banks and some well-known investors, but without exception, these institutions and individuals are not optimistic about the MD-12 project, and it is precisely because of the lack of funds to raise funds, and finally out of helplessness, he chose to give up his equity to obtain the necessary funds for the project, which led to the emergence of 4V Hanxiang Company.
The banks, investment banks and investors I contacted at the beginning were some of the most astute people in the world, and they were unwilling to invest, but were others willing to invest?
The worst thing is that the MD-12 has not won a single intention order so far, which is too bad, indicating that the market is highly unoptimistic about the MD-12 aircraft, and in the case of the market is not optimistic, will there be investors willing to buy McDonnell Douglas bonds?
McDonald Jr. was very optimistic about Chen Geng's suggestion.
"I know it's difficult, but before Lockheed's Mr. Bruce Evans told me that they are willing to spend seven to eight hundred million dollars to invest in the MD-12 project, plus your 270 million, that's 1 billion dollars, and I'll invest you another 500 million, that's $1.5 billion, and the amount of money you McDonnell Douglas really needs to raise in the market is $2.5 billion to $3 billion," Chen Geng said. I think my face is still worth some money, and after seeing that I invested in the MD-12 project, there should be some people who are willing to follow me to invest in this project......"
McDonald Jr. exclaimed, "Are you willing to invest in MD-12?"
For such a long time, although Chen Geng has been dedicated to helping himself develop MD-12, he has never shown any intention of investing, even if McDonald Jr. proposed it several times before, he was rejected by him, but now, what did he hear? He is willing to invest in the MD-12 project? And the amount is as high as 500 million US dollars?!
For a while, McDonald Jr. almost doubted whether he was hallucinating, he knew too well the significance of Chen Geng's investment, it can be said that Chen Geng was using his past unfavorable investment reputation to guarantee MD-12, and it is certain that when he saw Fernández Chen Du invest in the MD-12 project, those large investment institutions and investment banks and investors are not easy to say for the time being, but those medium-sized and small investment institutions will definitely flock to it- Before Chen Geng's investment myth was broken, Chen Geng's brand was so loud.
"What else can I do?" Chen Geng sighed: "But I'll make it clear to you in advance, the $500 million I invested is ...... in terms of shares."
"I understand," without waiting for Chen Geng to finish speaking, McDonald Jr. immediately said: "Don't worry, I will never let you suffer." ”
The demonstration significance of Chen Geng's investment in the MD-12 project is huge, assuming that a normal investor invests 500 million US dollars and can obtain 5% of the bonds that can be converted into equity, then Chen Geng's investment of 500 million US dollars, giving Chen Geng 10% is a loss.
"OK," Chen Geng didn't say anything polite to McDonald Jr., to put it mildly, he can invest in MD-12, which is definitely a relief for McDonald Jr. and McDonnell Douglas Group, if McDonald Jr. still dares to worry about that share with himself at this time, then there is no need for him to invest, he said in a tone of voice: "In addition, I suggest that you hand over some of the DC-10 modification work to Lockheed to complete......"
"OK, no problem, I'll contact them when I get back," without waiting for Chen Geng to finish speaking, McDonald Jr. immediately said: "They have the experience and technology to produce 'Samsung' passenger planes before, and there is no problem for them to modify the DC-10." ”
As long as Lockheed is willing to invest in the MD-12, give some of the DC-10 modification work to Lockheed, and let Lockheed make a sum of money first, McDonald Jr. doesn't think there is anything wrong with doing so.
"Very good," Little MacDonald agreed so happily, Chen Geng was also very happy: "The second point of this matter is that we need to find someone who is willing to place an order for us first." ”
————————————
PS: Sorry brothers, please wait a few minutes.
For a while, McDonald Jr. almost doubted whether he was hallucinating, he knew too well the significance of Chen Geng's investment, it can be said that Chen Geng was using his past unfavorable investment reputation to guarantee MD-12, and it is certain that when he saw Fernández Chen Du invest in the MD-12 project, those large investment institutions and investment banks and investors are not easy to say for the time being, but those medium-sized and small investment institutions will definitely flock to it- Before Chen Geng's investment myth was broken, Chen Geng's brand was so loud.
"What else can I do?" Chen Geng sighed: "But I'll make it clear to you in advance, the $500 million I invested is ...... in terms of shares."
"I understand," without waiting for Chen Geng to finish speaking, McDonald Jr. immediately said: "Don't worry, I will never let you suffer." ”
The demonstration significance of Chen Geng's investment in the MD-12 project is huge, assuming that a normal investor invests 500 million US dollars and can obtain 5% of the bonds that can be converted into equity, then Chen Geng's investment of 500 million US dollars, giving Chen Geng 10% is a loss.
"OK," Chen Geng didn't say anything polite to McDonald Jr., to put it mildly, he can invest in MD-12, which is definitely a relief for McDonald Jr. and McDonnell Douglas Group, if McDonald Jr. still dares to worry about that share with himself at this time, then there is no need for him to invest, he said in a tone of voice: "In addition, I suggest that you hand over some of the DC-10 modification work to Lockheed to complete......"
"Very good," Little MacDonald agreed so happily, Chen Geng was also very happy: "The second point of this matter is that we need to find someone who is willing to place an order for us first." ”
Book Keju Reading Website: