Twitter Deal Could Saddle Banks With Hundreds of Millions in Losses
Elon Musk’s takeover of Twitter would be paid for in part with $13 billion of debt seven banks including Morgan Stanley and Barclays agreed to provide. They could now face $500 million in losses if they tried to unload all the debt.
Elon Musk’s takeover of Twitter would be paid for in part with $13 billion of debt seven banks including Morgan Stanley and Barclays agreed to provide. They could now face $500 million in losses if they tried to unload all the debt.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RR6I6ZFRIBIQDF5HRPUFI4WLQA.jpg){kind=small}
-1.jpg?#)
