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Sources: one year after lending Elon Musk $13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell (Wall Street Journal) 25-10-2023

Wall Street Journal:
Sources: one year after lending Elon Musk $13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell  —  Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount


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