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He’s already borrowing 12.5B via a margin loan against his assets. Maybe that’s the most he can get away with.
by valleyjo 4y ago
He’s already borrowing 12.5B via a margin loan against his assets. Maybe that’s the most he can get away with.
- hackerfromthefu 4y agoInterested in a source for this?
- andreareina 4y agoIt's this para in TFA: > (ii) A separate debt commitment letter, dated April 20, 2022 (the “Margin Loan Commitment Letter”), from Morgan Stanley Senior Funding, Inc. and certain other financial institutions party thereto as commitment parties (collectively, the “Margin Loan Commitment Parties”) pursuant to which the Margin Loan Commitment Parties have committed to provide $12.5 billion in margin loans (the “Margin Loan Facility”), the proceeds of which will be distributed or otherwise made available to Purchaser; and The letter: https://www.sec.gov/Archives/edgar/data/1418091/000110465922048128/tm2213229d1_ex99-d.htm https://www.sec.gov/Archives/edgar/data/1418091/000110465922...