Tag Archives: Borrowing

Google Wants You to Take the Pixel 6 Seriously and It’s Borrowing Apple’s Playbook. Why It Might Work

Google unveiled the Pixel 6 last week, and this time it says it’s ready to compete at the flagship level. Actually, it unveiled two new devices, the Pixel 6, and Pixel 6 Pro, because every smartphone line needs at least one device that has the word “pro” in the name. That’s how you know you’re supposed to take it seriously–and, in the case of the Pixel 6–Google definitely wants you to take it seriously. “We knew we didn’t have what it took to be in the ultra high end,” said Rick Osterloh,… Source link

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American Air Borrowing $7.5 Billion in Loyalty-Backed Debt

(Bloomberg) — American Airlines Group Inc. is kicking off a $7.5 billion sale of bonds and leveraged loans backstopped by its frequent-flyer program, capitalizing on low borrowing costs to repay U.S. government loans that have helped it navigate the pandemic. The carrier is marketing two $2.5 billion series of notes maturing in 2026 and 2029, and a term loan credit facility of the same amount due in 2028, according to a news release. The new debt, which is secured against the company’s… Source link

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