Banks who are near the acquisition of Twitter’s co -concert Elon Musk have sold a large part of their debt in the last few weeks and will only have to accept the minimum discount. It reports Bloomberg and suggests that the final installment worth $ 4.74 billion was sold at a nominal price, which was to be sold for the first time for $ 3 billion. Earlier, the package of $ 1 billion was repeated from 90 to 95 percent, and went to another $ 5.5 billion procurement price for 97 percent. Instead of original $ 13 billion, banks are now excluding only one billion US dollars.
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Better possibilities again
Are responsible for bend according to the report Among other things, Musk’s short message service has better business figures, which have been called X for a long time. In December, the forum took 40 percent more money than a year ago and 21 percent more than in November. The super bowl business was also better than 2024. In addition, Musk’s close relationship for US President Donald Trump has changed the situation, while some investors expect advantage, other people will look at the future of at least X Rociger, Complementing New York TimesIn addition, more and more advertisers are returning to the stage, while Musk is still more aggressive against those who have returned the X.
Successful sales of almost all bank loans are now the latest twist in the turbulent history of Twitter or X under Musk leadership. When Twitter took over for $ 44 billion in the fall of 2022, seven banks with $ 13 billion participated. Such loans are usually resolved quickly, but chaos on Twitter shouted so much that banks would get only 60 percent of the money in the meantime. Two months ago, the loan would have gone away with a loss of only 10 to 20 percent, the New York Times came to know. U -Turns were now quite early in parallel to Donald Trump to take over.
(MHO)