by HenryAlan
Gilbert B Norman wrote: ↑Wed Jan 24, 2024 10:33 amThank you Mr. Norman, but the article said bonds, not shares. I work in health care finance, and some terms might be different by industry, but bonds are always debt, and paid in capital, so far as I've ever seen, is always the shareholder funds.HenryAlan wrote: ↑Wed Jan 24, 2024 9:54 am It's worth noting that this "funding" is a bit different, though, from the $3 billion grant. In this case, the Fed gov is essentially incentivizing bond sales. But make no mistake, the $2.5 billion will be debt on Brightline's balance sheet, whereas the $3 billion will be booked as revenue on the income statement.Paid In Capital is more like it, Mr. Alan.
GBN; CPA