Chapter 422: The State of Nauru (7)

Usilis nodded and said with a smile: "I originally planned to buy a large piece of land in the United States to build an industrial park dominated by a sneaker manufacturing factory, if you are interested, you can be in charge of some projects!" ”

That's the promise of benefits!

Some projects, such as: logistics companies, property companies, HNA companies, warehousing centers, housekeeping companies, agricultural products companies, supermarkets, etc.; These subsidiary industries can be taken out and managed by friends, with a few professional managers to assist; As long as it doesn't matter the big picture, you can compromise!

From these emails, it can be seen that the reason why Ussi is willing to buy out the debt of the Nauruans is precisely that piece of land in Oregon!

It's a bundled deal, where both parties have to bargain and attach some terms that are beneficial to their own side to finally close the deal!

McCann-Scotty was not polite, and after carefully reviewing the five emails, he suddenly asked, "Ussie, we need to discuss it, can we talk about it in the afternoon?!" ”

Usilis smiled bitterly and said, "Scotty, I'm going to fly to Hong Kong in the evening, so I can only leave you an hour, or let's talk about it after I get to Hong Kong!" ”

McCann-Scotty glanced at his father before nodding solemnly.

Usilis closed the notebook and left the apartment with Frank, leaving space and time to the other.

The Nauruans began a heated discussion and internal compromise, and in an hour of intense discussion, a unanimous agreement was finally reached; There is really no way to do this, Nauru's financial resources are cut off, the expenses are very large, bankruptcy is imminent, I really can't afford to wait, the more it delays, the worse things will be; Only by getting rid of the debt burden as soon as possible and getting certain benefits from the land transaction can the crisis of bankruptcy be alleviated!

The battle of GE's successors seems to have regarded the settlement of this debt as an examination question, and it has frequently come to threaten the Nauruans, and it has long been red-faced; In front of him, Ussi is the last straw!

When I had money, I went to the United Nations and was surrounded by a group of people; Now that there is no money, who remembers the Nauruans, all of them are hiding, for fear that you will take out low-interest loans?! Ay! People are so realistic!

Relatively speaking, Ussi is willing to take out cash to make a transaction, which is already the most generous way to trade!

Switch topics.

In the "Nauru Financial Analysis and Asset List", it is also mentioned that there are two trading solutions provided by GE, which are both bargain-picking attitudes.

Option 1: Nauruans have 250 hectares of prime land, compared to $500 million eight years ago; GE offered $460 million in debt in exchange for 228 hectares of land, leaving the remaining 22 hectares (the size of the State of Nauru) for the Nauruans.

In other words, it took 8 years for the 250 hectares of land to appreciate to $504.39 million, with an annual appreciation rate of only 1/1,000, which is ridiculously low, and Nauruans will not agree to it, even if they are stupid!

In contrast, the annual appreciation rate of land in large urban centers is basically between 6.25% and 8%.

Option 2: The land appreciation rate is calculated at 1%, and the appreciation rate is 8% in 8 years.

The 250 hectares of land appreciated to $540 million, while the $460 million could be exchanged for 213 hectares, leaving 37 hectares for the Nauruans.

The people of Nauru are naturally very dissatisfied with this, and they are just about them, these Yankees of GE are really too bullying honest people, and they always use themselves as "fat sheep" to slaughter, and they will not talk about it, and they will resolutely stop talking about it!

In this way, the matter came to an impasse, and it was designed by the board of directors of GE as one of the exam questions for the heir, and it naturally fell to Immelt.

Usilis' final offer of $540 million was rooted in option 2.

In fact, based on the annual appreciation of 6.25% of the value of high-quality land, it will increase by 50% in 8 years. Therefore, the 250 hectares of land has naturally increased from the original $500 million to $750 million, which is why the Nauruans are biting on $750 million!

Now, both sides are interested in negotiating, and with the buffer of the teammate relationship, differences can be compromised step by step!

An hour later, the two sides sat down at the negotiating table again.

McCann-Scotty took the initiative to hand a draft in front of Ussy and took the lead in proposing: "Ussy, we are good brothers, cooperation can be win-win!" So, let's take a step back, and the price of that lot will be set at an average of $750 million and $540 million, $645 million. No matter how low it is, I can really only say sorry! In addition, 50 hectares will be carved out as our land reserve in Nauru, and the rest can be sold to you! ”

Usilis read some drafts, nodded, and said: "Scotty, I can help you get 9% off the arrears of GE, but you must pay it off all at once, and this is also part of the agreement!" ”

Immelt is in dire need of money at the moment, and Ussi naturally has to think about it. Ussi's idea was to get the land and write off the debt, which would be the easiest way to do it; Only those who get it in their hands are their own, and in four years, who knows what Nauru will become, it is better not to mix it too much!

It's 9% off, which is considered to give Scotty enough face, and it's nothing to make a little less, as long as it doesn't delay into a bad debt! Although it is only minus 1% off, it is not a small amount, which is 46 million US dollars!

That's how the negotiation is, if you are happy, a huge sum of money will be gone!

Nauru's presidents, RenΓ© Harris and Ludwig-Scotty, both frowned, Nauru's treasury is currently empty, and he has finally sold his most valuable assets, but he has been asked to repay the loan immediately, which seems to be a bit difficult for a strong man!

The two found an excuse to smoke, wandered outside the door for 3 minutes, and quickly reached an agreement.

"Mr. Frederick, we want you to get a 20% discount, we don't need you to provide a loan!"

The Nauruans also had their own calculations, and under the agreement, the price of 250 hectares of land was set at $645 million, with 200 hectares worth $516 million, and the $460 million debt was reduced by 20 percent, leaving only $368 million. After the Nauruans dispose of GE's debt, they will be able to leave a liquidity of $148 million, which is enough to relieve the pressure on the national treasury!

Now, both sides have regressed several times, and the progress is good, and it is almost the last bit of disagreement!

Usiris rubbed his swollen head and beckoned to say something in Frank's ear, but he closed his eyes and rested for a moment; Of course, this is to let the assistant negotiate on behalf of you, and it is very important to grasp the scale. (To be continued.) )