For God's sake, think! If they have all the $$$ they need with loans, then why oh why would they ever think of going public!?!?! There would be no....absolutely NO REASON....to go public. But either: 1) those loans come with too many unacceptable conditions; or b) the conditions of the loans themselves dictate that they become a public company! (with the possibility of a capital raise that goes with it). Nobody lends billions of $$$ without making sure they'll be paid back, one way or another.
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