Wall Street Journal:

Sources: one year after lending Elon Musk ~$13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell  —  Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount

Wall Street Journal:

Sources: one year after lending Elon Musk ~$13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell  —  Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount

Source: TechMeme
Source Link: http://www.techmeme.com/231025/p23#a231025p23