If we werent facing the current credit crisis climate then no one would be worring about that type of debt...
given the current economic conditions and the difficulty a lot of companies are finding refinancing such debt this would seem to be a problem........20 billion is a lot of debt to carry and a lot of interest to pay..............
If the SP drops down and the net tangible value of the company declines this will create an equity issue and like a lot of other companies this may become an issue.....as long as the market continues to have confidence in WES stock....any talk about difficuly refinancing or even capital raising seems to send companies SP into a spin..
WES Price at posting:
$16.07 Sentiment: None Disclosure: Not Held
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