beSpacific on Nostr: #WallStreet #banks are getting ready to unload a big chunk of debt holdings in #X, ...
#WallStreet #banks are getting ready to unload a big chunk of debt holdings in #X, #ElonMusk #socialmedia platform. They hope to get 90 to 95 cents on the dollar, people familiar with the matter said. The banks in 2022 lent around $13 billion to help finance Musk’s $44 billion purchase of what was then called Twitter—a deal currently considered disastrous. Banks usually sell buyout debt within months of a deal, except during volatile periods. #billionaires
Published at
2025-01-24 22:55:15Event JSON
{
"id": "fd0d8848cd6880a0f1974aef2ab21a8c0e87a92a53b0dd27f981b072f5a02884",
"pubkey": "98caac6cc50b805ba47ac634b959d0e08853af5f792b2444eb7d8cc9a633bd1b",
"created_at": 1737759315,
"kind": 1,
"tags": [
[
"t",
"wallstreet"
],
[
"t",
"banks"
],
[
"t",
"x"
],
[
"t",
"elonmusk"
],
[
"t",
"socialmedia"
],
[
"t",
"billionaires"
],
[
"proxy",
"https://newsie.social/users/bespacific/statuses/113885794491224388",
"activitypub"
]
],
"content": "#WallStreet #banks are getting ready to unload a big chunk of debt holdings in #X, #ElonMusk #socialmedia platform. They hope to get 90 to 95 cents on the dollar, people familiar with the matter said. The banks in 2022 lent around $13 billion to help finance Musk’s $44 billion purchase of what was then called Twitter—a deal currently considered disastrous. Banks usually sell buyout debt within months of a deal, except during volatile periods. #billionaires",
"sig": "e3ebc3a8169e15cbfaba312e41681f55666fe9755f185adc127f218a6780b595a040b3a2217b23730aeff6a18814925572cb83d27d3581fbd8f922a299bc4872"
}
