(Bloomberg) -Morgan Stanley's bank group is ready to repay up to 3 billion dollar debts that provided funds to the acquisition of Social Media Platform (formerly Twitter) by Elon Musk. Was revealed. Project.
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According to the stakeholders on the condition of anonymous, bankers have begun to ask investors to sell priority bonds, and will start at a discounted price as early as 1 dollar = 90-95 cents next week. It is said that there is a possibility. information.
The Wall Street Journal reported for the first time on this initiative on Friday.
The seven lines, including the Bank of America, Barclays, and the Mitsubishi UFJ Financial Group, have been forced to have approximately $ 13 billion debts with the acquisition of Twitter since promising to raise acquisition funds in 2022. There is.
According to officials, both banks have recently sold about $ 1 billion to multiple investors in private transactions, plans to further maintain a junior bond, which was originally part of the funding.
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