Darkstone Code

Chapter 1494: Chapter 1492: Another Round

"Bang!"

Some say there are three similar sounds in Bupen.

The first is when someone jumps off a building, making a dull "bang" when they hit the ground, the whole person splayed out like a loose steak on a chopping board.

If humans were food for some species, they’d probably drop them a few times before eating.

The second sound comes from gunfire, there are too many damn rich people in Bupen, nearly all the wealthy in the country gather here.

It’s not just the rich who are rich; even ordinary people have quite a bit of money, which provides plenty of targets for robbers.

Of course, to increase the success rate of a robbery and reduce the chance of being recognized afterward, sometimes they need bullets to silence those who’ve seen their faces.

With a "bang" and the muzzle flame lighting up, everything settles down!

The third kind of sound, which is the most, is the popping sound of a champagne cork being opened.

According to some liquor companies, the most popular drink in Bupen is always various kinds of champagne, and they sell well across all price ranges.

From $9.99 a bottle to several hundred or even thousands, many are sold daily.

Every day many people here create myths, make history, work miracles.

Naturally, they also need champagne to celebrate!

At this moment in Lynch’s hand, a $10,000 bottle of "Champagne King" was opened, the pressure inside was considerable, and the cap flew off the moment he pulled the tab.

There was even a bit of condensation left outside the bottle!

It’s worth $10,000 but actually costs $9,999, with a pure gold label and exquisite packaging, and it’s quite large too.

A full 10 liters!

The flash from cameras sparkled constantly, capturing Lynch’s smile forever on film. Once the reporters from "Vanguard" finished shooting, Lynch handed the champagne to an attendant.

They built a pyramid with glasses, pouring from the top down, filling each cup.

No one would take a drink from there; it was more like a... display piece, showcasing something.

This was a small party held by the United Exchange for Lynch; just in the morning, the stock price of Lynch’s newly listed company broke six dollars.

In other words, this shell company has already brought Lynch 300 million in wealth, and this value continues to rise.

Everyone knows it may hold nothing, but it will maintain around eight dollars due to a contract—ten dollars is its peak, people will eventually come back to their senses, and eight or nine dollars is a good price.

As for why everyone knows it’s Lynch’s wage, it doesn’t need much discussion, just those who know will know.

After chatting with some people he knew or didn’t know, Lynch headed to a corner with the executive director of the United Exchange.

Lynch approached the executive director of the United Exchange with the intention of issuing bonds.

Although the Lemar Asset Risk Control Company was listed and did bring enormous wealth to Lynch, most of this wealth, besides a few million in cash, was more about stock market value.

It’s not actual wealth, not cash.

As the largest shareholder, if Lynch wants to reduce his holdings, he will certainly need to issue an announcement.

Once Lynch holds tight, it will cause panic, so his holdings will basically not decrease, which is why he wants to issue more stock.

Only with enough stock actively trading on the market can more value be realized.

Since what he got now are just stocks, not cash, how would he deal with the money to be spent soon?

Simple, by issuing bonds.

A few years ago, the Federation Congress passed a law allowing companies to issue corporate bonds, permitting companies to issue bonds to their employees, the purpose of which is to mitigate company collapses due to a lack of funds, preventing more unemployment.

The power to issue bonds was devolved to companies, letting them raise funds from employees or even society through bonds. With money, companies won’t collapse, and workers won’t lose their jobs.

And those lending money to companies can receive returns higher than bank savings interest after redeeming these bonds. It’s a win-win—if the companies can honor them!

This act isn’t foolish or harmful, and indeed it helped numerous companies through difficult times, and as the Federation’s international stature grew, the real economy saw new growth and massive gains, benefiting many.

So, up till now, these laws exist and are effective.

The Federation Government believes there’s no inherent issue with companies issuing bonds, as buyers will assess the company’s condition themselves, and comprehensive laws offer maximum protection to investors.

Its threshold is low, essentially as long as the Financial Supervisory Commission signs it and someone issues for the company, there are essentially no issues.

In the Federation, there are only nine companies capable of issuing corporate bonds: the six major banks and three major trading houses.

The first six are the Federation’s six largest banks, while the latter are three major exchanges (houses) with the authority to issue corporate bonds.

To issue bonds, Lynch turned to the United Exchange.

Why not go to a bank? Because banks handle a lot, and now Lynch holds Lemar National Bank, going to a Federation bank for bond issuance might introduce unnecessary transactions.

Because Lemar Asset Risk Control itself is a shell company, banks would likely target other things rather than bother with the shell company’s equity or assets.

For example, banks might directly subscribe but require him to sign various agreements, additional clauses, or even directly gamble with him, targeting shares of Lemar National Bank.

These greedy bankers wouldn’t pass up any chance to obtain what they want from Lynch’s hands. So from the start, Lynch didn’t give them a chance to set terms, focusing his attention on the exchanges.

Hearing Lynch’s request for United to issue bonds for his company, the executive director was delighted, as issuing means profits.

An exchange isn’t the same as a bank. A bank’s scale is vast, and to these behemoths, everything is food.

Some food may taste bad or be toxic, causing pain if consumed.

For them, it’s only about what they want or don’t want to eat; there’s nothing they can’t eat.

But exchanges are different, their scale isn’t as large as banks, and they shoulder specific responsibilities with relatively singular operations.

So for the United Exchange, it’s merely a simple business, earning profits by issuing bonds for Lynch.

They don’t consider using these bonds or issuing rights for deeper transactions.

Thus, the executive director had no reason to refuse.

The two quickly nailed down some details, and later that afternoon, Lynch brought his successful listing proof and some documents to the Financial Supervisory Commission.

After a "doctrinaire" review by the Commission’s examiners, Lynch’s requirement to issue corporate bonds was approved since it’s a company already valued at over 600 million with no adverse records and is publicly listed. There’s no reason to block him.

Subsequently, in the evening, the United Exchange publicly announced this matter.

Lemar Asset Risk Control plans to issue corporate bonds worth five billion for a three-year term.

Upon maturity in three years, principal plus interest will amount to 145% of the bond’s face value, meaning after three years, $100 turns into $145.

This surpasses the deposit interest rates of all major Federation banks and the returns of the most successful hedge funds in the Federation.

For five billion in bonds, by maturity, Lynch will need to pay back seven billion two hundred fifty million; it truly is astonishing!

Some people are questioning whether he can really pay off this money, or if he’s just looking to take the money and run?

Although the United Exchange announced bonds could now be reserved for purchase, the initial response was not intense, even affecting the stock that was on the rise.

At night, financial programs were discussing these issues but even though success was not yet guaranteed, people were still dazzled by Lynch’s financial acumen.

Some hosts believed that if Lynch’s bonds were successfully issued, even if only half were sold, his entire operation would enter financial history, becoming essential for every practitioner.

Some believed he could make it, while others were skeptical.

A few shows had hosts outright calling it blatant fraud, doubting Lynch would fulfill his promises and speculating he might indefinitely delay repayment through lawsuits.

Given it’s 7.25 billion, he could certainly afford a strong legal team to tangle indefinitely with investors seeking payout.

However, these show hosts and stations received legal notices from Lynch’s lawyers the very next morning, with warnings to prepare for lawsuits as Lynch filed suits against them all.

Tuesday, Wednesday, Thursday.

Over three consecutive days, sales didn’t improve, and stocks seemed dazed by Lynch’s five billion corporate bonds, leading to further hesitation.

Even the executive director of the issuing company contacted Lynch, asking what to do next.

In his view, only by selling these bonds could United Exchange earn more; if they didn’t sell, it’d be a mere busywork of earning little.

The executive director attempted to persuade Lynch to openly talk to the public about the bright future of the company, maybe there’d be a turnaround.

But Lynch only told him to relax, for changes would soon come...

Visit and read more novel to help us update chapter quickly. Thank you so much!