Trading & technical analysis

Twitter Inc. ‘BB+’ Ratings Placed On CreditWatch Negative On Acquisition Deal

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Elon Musk’s proposed takeover of Twitter would cause leverage to spike significantly above the 1.5x downgrade threshold associated with the ‘BB+’ issuer credit rating. The proposed transaction includes $13 billion in new debt financing issued by the company and a $12.5 billion margin loan against $62.5 billion of Tesla Inc.… Read More »