Banks choking on debt face losses as Musk proceeds with Twitter deal - Axios

Retrieved on: 2022-10-05 00:29:42

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Banks choking on debt face losses as Musk proceeds with Twitter deal - Axios. View article details on HISWAI: https://www.axios.com/pro/media-deals/2022/10/05/musk-twitter-deal-banks-debt

Excerpt

Seven investment banks, including Morgan Stanley and Bank of America, now must offload $12.5 billion of debt financing in a market where few ...

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