Chapter 481: Fighting the Grass and Startling the Snake + Luring the Snake Out of the Hole (Asking for Subscription, Asking for a Monthly Pass)
When Chase Bank and Citibank jointly announced the launch of a syndicate loan program to raise $7250 million, the entire financial market of the beautiful country was completely detonated!
No one expected Citibank and Chase to be so big!
The lead loan is 72.5 billion US dollars!
Major media frantically published the news!
Chase and Citibank want to build an aviation empire! 》
"The richest man in Los Angeles competes with Weilian and British Airways for the power of United Airlines! 》
The pinnacle of leveraged buyouts: Chase and Citibank's wild dance! 》
"Blockbuster: Chase Bank and Citibank Join Forces to Launch Syndicate Loan Program, Who Competes with $72.5 Billion?" 》
Ten media outlets!
Thirty media outlets!
Hundreds of media!
Almost all the media in the beautiful country are reporting on this major event that has caused a sensation in the financial world.
Wall Street was in an uproar.
"My God, in such a financial situation, Chase Bank actually joined forces with Citibank to raise $72.5 billion?"
"Now that junk bonds are constrained, once United Airlines is a little bit windy, it is very likely that such a large amount of money will not be recovered, are Chase and Citibank not afraid to play themselves to death?"
"The two major consortia behind Chase and Citibank must have their own ideas and will not take such a big risk, and they must be sure that they dare to do so."
"Is United worth $72.5 billion? Davis quoted more than $5 billion, and I feel that the price is a bit high. ”
"It's not up to us to decide whether it's worth it, it's the final transaction price."
Many financiers have analyzed the pros and cons of this loan plan, some people think that Citibank and Chase Bank are shooting themselves in the foot, and some people think that the Rockefeller family and Citigroup must be sure if they dare to do this.
But there is one thing that is almost unanimous among the wolf-like financiers on Wall Street.
That is, Citibank and Chase Bank have raised such a large amount of money, which is bound to make United Airlines and even global airline stocks skyrocket!
"Everybody go buy airline stocks!"
"It's not just airline stocks, if Chase Bank and Citibank succeed in raising funds this time, their influence will be further spread, and their industries will also be favored by the outside world, and they can be bought together with their shares."
"That's right! The opportunity to get rich overnight has come! ”
"Buy me $100,000 in airline stocks...... What? In less than an hour, the stock price has gone crazy? Buy it for me no matter how much it goes up! ”
Even the group of financial people on Wall Street couldn't hold back, let alone ordinary stockholders, countless people frantically poured into the stock exchange and kept throwing money to buy stocks!
United Airlines stock price skyrocketed!
The stock price of Beautiful Airlines has skyrocketed!
The stock price of Continental Airlines has skyrocketed!
Not only the major aviation stocks have skyrocketed, but even the share price of Exxon Oil, in which Rockefeller has a stake, has also skyrocketed!
In addition, the stock prices of Citibank's thirteen subsidiaries have skyrocketed whenever they are listed!
If someone is staring at the stock market, they will definitely be able to find that the stock price of any listed company related to aviation stocks, the Rockefeller family, and the Citigroup consortium is rising like a tsunami!
Everyone understands one thing, that is, one or two banks must be confident that they will dare to take the lead in launching a syndicate loan program.
What is a Syndicate Loan Program?
Syndicated loans, also known as "syndicated loans", are led by one or several banks, and several commercial banks jointly provide funds to borrowers, the loan program is mainly for the pursuit of interest returns, because the amount is usually huge, the term is longer, up to ten or twenty years, and there is a need for reliable guarantees, and because of the huge amount of loans, a bank alone lends to a greater risk, so it is necessary to find some partners to share this risk.
Just imagine, if one or two banks dare to find someone to cooperate with a huge sum of 7.25 billion US dollars, and the recovery period is as long as 10 or 20 years, if you don't have confidence, how dare you do this?
Because of this, investors in the financial markets are crazy after seeing such a big move by Citibank and Chase, and want to take advantage of the opportunity to get a piece of the pie!
Indeed, when everyone's money was thrown in, because the stock price continued to rise, they made a lot of money, and other shareholders who were still waiting and watched couldn't hold back, and frantically called securities companies to buy stocks for themselves.
Lose your marbles!
U.S. stocks are completely crazy!
Perhaps stimulated by huge funds, the market has been pulled higher.
The shareholders who threw the money into it were jubilant, as if they saw the silver in their pockets for nothing.
Some people rejoice, some people are sad.
Stockholders and Wall Street's group of financial circles who spent money to buy stocks are boiling.
And the people on both sides of Huajin Capital and the Boston consortium are dignified.
……
Huajin Capital.
Steve. White, Sophia. Green and other high-level executives looked at the stock price changes on the computer were all silent, the company had smashed in $500 million to short various aviation stocks, but now the stock price has ushered in a skyrocket, the $500 million has lost a lot, if the stock price is allowed to rise like this, it is not impossible to lose everything.
Even the top brass was worried, not to mention the ordinary employees.
"Oh my God, why did the stock price go up so fast?"
"It's over, this time I shorted airline stocks with the company's decision-making, I'm afraid I'm going to lose money!"
"The company shorted aviation stocks for $500 million, and now in this situation, don't the executives react?"
"I don't know, the boss actually laughed when he heard this bombshell news just now, I don't know what he's laughing at."
"No, the stock price has risen too much, I have to fill in the short stocks, otherwise I will lose more."
Many Joaquin Capital employees were scared.
Sofia. Green is also working with Steve. White communicated, "Steve, didn't you tell your boss about the news you got in advance?" ”
Steve. White said expressionlessly: "I told the boss yesterday. ”
Sofia. Green said anxiously: "Then the boss didn't let the meat be cut to save the capital?" ”
"No, he also asked me to continue to short airline stocks today while the stock price is skyrocketing." Steve. White smiled wryly.
"Why is that?" Sofia. Green couldn't figure it out.
Steve. Of course, White couldn't figure it out, although he heard Ji Cheng say yesterday that the acquisition would not be successful, but looking at the current form of the outside world, it seems that no matter how you look at it, it will not be unsuccessful.
For a while, Steve. White fell silent.
The company's top executives are like this, not to mention others, including Sophia. Green, including the top management and employees, all have their hearts sinking to the bottom.
……
Several heads of the Boston consortium held an urgent meeting.
Credit Suisse First Boston, inside.
It must be mentioned here that Credit Suisse First Boston is not the First National Bank of Boston.
The company was formed in 1933 by the merger of the securities institutions of the First National Bank of Boston and the securities institutions of the Chase National Bank, named the First Boston Company, mainly engaged in investment banking business, and then Chase Bank gradually lost control and was controlled by the First National Bank of Boston, until 1978, Credit Suisse became a partner, and after ten years of efforts, in 1988, it finally obtained 44.5% of the company's equity and became the company's largest shareholder.
Several of the leaders are at odds with the CEO of Credit Suisse First Boston, who is in charge of the stock through Credit Suisse First Boston, and Sharman, the CEO of the company's partner, Credit Suisse.
Sharman pressured several people: "It is impossible for the company to smash all the liquidity into the stock market, especially if you are ready to listen to the words of the Oriental man and short these soaring stocks!" ”
"First of all, we are not using the company's funds, but borrowing the company's funds, and according to the content of the contract, we will repay the funds within half a year." Not to be outdone, Edward said: "Secondly, Sharman, although Credit Suisse is now the largest shareholder of First Boston, but several of us together have much more equity than Credit Suisse, this is the decision of the board of directors, I advise you to accept our investment plan, if you don't agree, I don't mind holding a general meeting of shareholders to remove you from the position of executive officer!" ”
Sharman said very toughly: "Even if I am removed from the position of CEO, I will be responsible to all shareholders, and it is impossible for me to agree to such a risky investment!" ”
Old Rocky squinted his eyes and said, "The board of directors has passed the decision, and you want to go your own way?" ”
Sharman said categorically: "You have a large number of board seats, of course you can pass it, and I have to report this to the head office." ”
Adams IV was even more angry: "If Credit Suisse does not agree with our investment this time, then break up!" ”
Robert. Lawrence and Aimee. Naturally, Lowell was on the same side and kept putting pressure on Shalman.
In the end, Sharman was alone, knowing that there was no good result in arguing with these five major shareholders, so he had to put down his cruel words and said: "Okay, you can do it this time, but I said ugly things ahead, if the investment fails, I will definitely hold a shareholders' meeting to deprive you of your board of directors!" ”
In fact, whether the investment failure or success this time will have little impact on First Boston, after all, First National Bank of Boston will eventually repay this debt, and it is still interest-bearing, and First Boston can still make money.
But why did Sharman insist on obstruction? Because he knew that if this investment failed, it would lose a lot of influence as a sign of First Boston, and affect the trust of customers in the company.
More importantly, as the CEO of First Boston, Sharman waited until the board of directors made a decision to know the content this time.
Of course, Edward, Lodge Sr. and others also understood that this was not good, but there was no time to prepare, who let Chase Bank and Citibank announce it so suddenly, they had to urgently convene the board of directors to finalize the plan.
I hope that Ji can compete for some energy.
Edward, Lodge Sr. and others are actually under a lot of pressure on their shoulders, knowing that if the investment fails, Credit Suisse will have enough reasons to fight them, and it is difficult to say whether they can keep their seats on the board of directors of Credit Suisse First Boston.
It's just that this is the first real team battle after they invited Ji Cheng to join the Boston consortium, and if they don't respond to Ji Cheng's call, it will inevitably lead to the collapse of the alliance, so they almost gave their full support to Ji Cheng this time.
……
Lawrence. Rockefeller had a phone call with Stillman Jr., the de facto owner of Citigroup.
"I received news that Huajin Capital is shorting airline stocks." Little Stillman was a little worried: "And after our news is released, do you think there will be fraud in it?" ”
Lawrence sitting in the corporate office. Rockefeller naturally received a tip in this regard, and he also felt strange in his heart, why did Huajin Capital dare to continue to short aviation stocks when Chase Bank and Citibank released such good news for aviation stocks? Isn't Ji Cheng afraid of death?
"There may be fraud, pay attention to the movement of Huajin Capital's funds." Lawrence. Rockefeller said as if he had thought of something, "By the way, what about Ji Cheng and the others?" ”
"I heard that he flew to Japan." Stillman Jr. revealed.
Hear Lawrence. Rockefeller was taken aback, "Is he going to be stupid?" ”
Stillman Jr. said, "Yes, it looks like I just got on a plane." ”
Lawrence. Rockefeller's face changed, "Isn't he going to go to those stupid banks to sabotage our syndicate loan program?" ”
"Probably not, our syndicate loan plan is going to raise $7250 million, and those fools should be able to reap a huge amount of interest every year as long as they promise it, and since they have money to make, there is no reason why they should not agree to us to take the lead in raising funds together." Stillman Jr. disagreed.
Lawrence. Rockefeller thought about it and felt that this was a bit reasonable, who would have trouble with money, but he faintly felt that it was a little inappropriate, "Always pay attention to his movements, in addition, once the flow of funds in Huajin Capital is new, please be sure to notify me as soon as possible." ”
"Okay, I'll take care of it." Stillman Jr. agreed to come down.
The two then ended the call.
Lawrence. Rockefeller sat in the boss's chair and pondered for a long time, never wondering what Ji Cheng was going to do this time, and did he really sabotage the cooperation between them and Riben Bank?
But as little Stillman said, who would have a hard time with money? As long as those Japanese banks promise to contribute, they can reap huge profits every year, so there is no reason not to borrow money, right?
But what will happen if the stupid bank really doesn't borrow money these days?
Lawrence. Rockefeller suddenly thought of an extremely terrible scenario, that is, the entire aviation stock was impacted, and the chain reaction would be very terrible.
"No, I'll have to prepare."
Lawrence. Rockefeller tapped his desk lightly and made a crisp "tuk-tuk" sound, and the idea of defense moved in his head.
Maybe he didn't realize that Ji Cheng, a person who used to be able to pinch to death like an ant in his opinion, actually made him feel like a big enemy at this moment.
……
On the other side, on the plane.
Ji Cheng, who was sitting in the first-class cabin, slightly hooked the corners of his mouth.
Of course, he has a way not to let anyone know that he has gone to Riben, after all, he has the magic skill of teleportation, if he doesn't want people to find traces, he can let Qin Xiaohui or Madonna and Aniston take a plane to Riben first, and then he will teleport over.
But in this way, there is no way to scare the snake and lead the snake out of the hole.
Ji Cheng not only wants to win this battle in the stock market, but also wants to deal a head-on blow to the Rockefeller family and the Citigroup consortium, which have always been his enemies.
】
"As long as the Rockefeller family and the Citi consortium notice my whereabouts, they will inevitably react to it, and then follow the script, they will definitely die!"
Ji Cheng kept calculating in his mind that if the plan was not wrong, he was sure that the Rockefeller family and the Citigroup would be dealt a heavy blow this time, provided that he could persuade those stupid banks not to fund loans.
Although according to the information collected by modern society, it is true that those Japanese stupid banks did not fund loans, but he really did not dare to risk billions or even tens of billions of dollars of funds for an unknown future before he heard a definite answer.
You have to hear those stupid banks say that they won't lend money, so that buddies dare to start a war with confidence.
Ji Cheng's thoughts gradually drifted away, knowing that the final battle was coming, and he must take the opportunity to hit the Rockefeller family and the Citigroup hard, and then he could make money on the Japanese and Ben stock market crashes before he could completely defeat these two consortia!
Okay.
Convincing the Japanese banks is the first step in the plan.
Ji Cheng knew that when he got off the plane, he would have to rely on his eloquence, and whether he could convince those Japanese banks not to fund loans was a key step in the success of his plan this time, and he had to be foolproof and win this huge battle!