Start from 1980

Chapter 292 30 Million Debt
"Loan?" Su Chen felt that Xiu Eaton was definitely not that kind.

Not to mention him, even a serious American who wants to get a loan of more than 20 billion US dollars from the bank is definitely not an easy task.

Hugh Eaton said seriously: "Yes man, if you want a loan, there is absolutely no problem."

"Then I wonder how much Mr. Eaton can loan me?" Su Chen asked with a half-smile.

Hugh Eaton crossed his legs: "Three billion."

"Three billion?" Su Chen was taken aback: "Vietnamese Dong?"

Hugh Eaton frowned: "For God's sake, I'm talking about US dollars, man, if you only want 30 billion Vietnamese dong, it may not be easy to handle, because there seem to be no Vietnamese banks in the United States."

Avril Lavigne and Miranda served two glasses of drinks, Hugh Eaton looked at the two of them, and said, "Girls, since you're here at this hotel, you should relax, you go out and relax, I'll talk to Sue about something. "

Miranda thought for a while, and said: "This is not good, Su is my boyfriend, and may be my husband in the future, so I think there is something, I have to be there and listen, in case you want to cheat my boyfriend ?”

Hearing this, Hugh Eaton had a black line all over his head, and before he got married, his elbows started to turn outward.

"What can I trick him?" Hugh Eaton was speechless: "Well, since you want to stay, then stay."

With that said, he looked at Su Chen:

"Su, I'm not joking with you. Wells Fargo is willing to give you a loan of 30 billion U.S. dollars as long as you are willing. It is U.S. dollars, not Vietnamese Dong, but you must invest at least [-] billion or more in TV stations and film companies. of."

"Why?" Su Chen asked in surprise: "Your bank can do it yourself, there is no need to go through my hands at all, right?"

After thinking about it, he went on to say, "You want to reduce the risk through my hands? How much is your interest?"

In any case, Su Chen felt that Hugh Eaton's words were a bit dreamy. He was thinking of buying 20th Century Fox, so Hugh Eaton just sent the money to his door.

The reason for doing this is nothing more than to reduce the risk. If they operate by themselves, they may go bankrupt, and if they lend to Su Chen, they can reduce the risk while avoiding some unnecessary troubles.

Of course, investment is risky, no matter what industry, there is no possibility of making money forever.

Wells Fargo's money didn't come from the wind.

Hugh Eaton said seriously: "The interest is calculated according to the normal interest, and we can also extend the debt period to ten years, that is to say, if after five years, you can't repay our interest, then we will consider taking the two you bought. One-third of the property is used to pay off the debt."

"If you can't repay 80% of our principal after ten years, then we will collect the remaining half of your property to pay off the debt."

"At the same time, considering that you don't have a professional team in the United States, Wells Fargo will also provide you with a professional team to help you negotiate and evaluate the output value of certain industries."

"Of course, you only need to pay some additional handling fees."

After hearing Hugh Eaton's words, Su Chen couldn't help frowning:
"Mr. Eaton, you also know that I'm just an international student now, and I don't have any property to mortgage you. If it's a loan of 200 million, I can believe it, but you said it is [-] billion. I feel a little uncomfortable. reality."

"I thought about it, but I didn't think that I have any place worthy of your Wells Fargo investment. If Mr. Eaton said it was for Miranda's sake, please forgive me for not believing it."

Capital has never been charity, maybe people have already dug a hole and waited.

It is absolutely not because Su Chen is Miranda's boyfriend, because Wells Fargo Bank is not the bank of the Eaton family, and there is a board of directors. They open a bank to make money.

"Yeah, Daddy, don't say that Su doesn't believe it, even I don't believe it. Could it be that those vampires on the board of directors are so kind?"

"They're dying to get their last penny, and for God's sake, they're worse than Satan," Miranda said.

Hugh Eaton smiled and said:
"We just make a simple investment, 30 billion, and pay it off in ten years. If we can't pay it back after ten years, we will take back the property, which is equivalent to lending your chicken to your boyfriend to lay eggs. Miranda, you are so sweet It breaks my heart to start speaking up for Sue before I'm married to him."

"Mr. Eaton, can I express my opinion?" Avril Lavigne, who had been silent all this time, interrupted and asked.

Hugh Eaton nodded: "Of course, Avril Lavigne, tell me."

"I listened to Mr. Eaton's words just now, but there are some things that are not clear." Avril Lavigne looked serious: "That is to say, if Su takes out a loan, he must invest according to the investment industry you gave, and he cannot invest in other things. ?"

"Of course not, but we have to go through industries that we think are valuable. If he said to invest in a fast food restaurant on the side of the road, it is obviously impossible, right?" Hugh Eaton said with a smile.

Su Chen carefully analyzed the meaning of Xiu Eaton's words just now.

There are only a few of them. They want to reduce the risk of the bank. If the bank invests by itself, it will have to allocate part of its energy, which is completely unnecessary.

The second is that there is nothing easier than collecting money while lying down. As long as they lend the money to Su Chen, they only need to pay the interest every year. If they can't pay back, then these industries belong to Wells Fargo Bank.

Moreover, during this period, the risk that Wells Fargo needs to bear is not very large. Compared with investing in real estate, the risk of investing in this industry is very different.

After all, real estate needs to wait for the land to appreciate by no means in a short period of time, and some may have to wait for more than ten or twenty years.

The third point is that the reason why Wells Fargo does not invest in the film industry is probably because it is afraid of being dragged into the quagmire by this industry.

Because the film industry is really not very good now. Although there are many classic movies made at this time, but at present, these movies are equivalent to fast food culture.

But the most important point is, why did Hugh Eaton lend money to Su Chen?
This is what Su Chen can't understand. There are so many people in the United States. If Wells Fargo Bank wants to borrow money, it can just find someone to do it. There is no need to find yourself.

Avril asked bluntly: "Mr. Eaton, Su must be the same as me. I can't understand why you are willing to lend money to Su. Although he is my boyfriend and Miranda, I know this is not what you are willing to borrow money from." reason."

Hearing this sentence, Su Chen couldn't help but want to praise his hot girl girlfriend, she really deserves to be someone who has slept together, this sentence is indeed what he wants to ask.

"What's the reason for this?" Hugh Eaton shrugged, "We need someone to invest in, and Su just needs to borrow money. Your suspicions are also very reasonable, because Su is not an American, and he doesn't have any assets as collateral. .”

“The reason why we are willing to borrow money is that we want to reduce the risk, because we have evaluated 20th Century Fox, and the risk department thinks it can be invested, but it takes a long time for the funds to return, and there is a greater risk that Wells Fargo will Drag it in."

"However, if Su is willing to help us bear this risk, and if he has the ability to pay back the money, then naturally it would be the best.

And if not, then we can also take back the property. Maybe by then, the risk of 20th Century Fox has passed. If this is the case, then why not do it? "

"Originally, we were also looking for someone who was willing to invest in 20th Century Fox, but no one was willing to take the risk. It happened that Su hit this juncture, so we had this conversation."

Hugh Eaton's words are indeed very reasonable. As long as the money is paid back, it is easy to say. If not, whether it is 20th Century Fox or other worthy investments in the eyes of Wells Fargo, they will become theirs.

Moreover, it is now possible to transfer risks from within the bank, which is a good deal no matter what.

At the same time, the most important thing is that they want to concentrate the credit risk and market risk on Su Chen, but in order to reduce the possibility of losses, they came up with the idea of ​​only allowing Su Chen to invest in the industries they have evaluated. method.

Because there is a contract between the bank and the lender, the borrower must return the principal with interest to the bank when the loan expires. When the company fails to pay the money, the bank can only rely on legal means to force the debt. Get some back after the company goes bankrupt.

However, what Hugh Eaton said just now did not mean that. No matter how you look at it, they will not lose money in five years.

Because 20th Century Fox is actually not bad compared with other film companies now, it is nothing more than because the two bosses are in trouble, and they want to cash out 20th Century Fox to solve the trouble.

The bankruptcy of New Vision is simply a small workshop. Maybe everyone just remembered that this company went bankrupt one day.

Hugh Eaton said: "Of course, Sue is not our only first choice. If he is not willing, then we will notify other people who are willing to borrow money..."

He glanced at Su Chen: "Dude, if you don't want to borrow money, then forget it."

(End of this chapter)