Equity is one way to go. Low interest rates work for investors too. Stimulus is pouring into the economy, and savings and bond yields are craptious, and we have to put our money somewhere. Equity is provided by entities who have an interest in the success of the company. Credit is provided by entities that have no interest in neither the success of the company nor the return to the company's investors.
You and @bluefox are painting this as a complete disaster, where in reality it's just a change of approach. The company is swapping out credit from a fractious, unyielding and punitive provider in favour of equity from entities who will by definition be much more invested in success.
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