Twitter Buyout Loans Get Bid at 60 Cents as Banks Sound Out Investors

Gunnar Larson g at xny.io
Sat Dec 16 05:57:20 PST 2023


Twitter Buyout Loans Get Bid at 60 Cents as Banks Sound Out Investors
https://www.bloomberg.com/news/articles/2022-11-10/twitter-loans-get-bid-at-60-cents-as-banks-sound-out-investors


Wall Street banks that lent $13 billion to help fund Elon Musk’s buyout of
Twitter Inc. have been quietly sounding out hedge funds and other asset
managers for their interest in a chunk of the buyout debt at deeply
discounted prices.
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