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Old Republic International Corporation Message Board

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  • ori.investor ori.investor Aug 2, 2012 8:43 PM Flag

    Reason to buy

    ORI would have no problem raising money if they had to go into the capital markets. This isn't September, 2008, when Shearson had just collapsed - the credit markets had dried up - and ORI was a 2nd tier shopping mall needing hundreds of millions as a dark cloud hung over all retail and consumer activities.

    But if Old Republic WAS all that...they could have still found all the money they needed in September, 2008. A small shopping mall REIT did just that:

    I guarantee you ORI has contingency financing plans in place. And they will be favorable terms. And they probably won't need them anyway.

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