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OP is making a point that Twitter is now saddled with ~13 billion in debt, with 1.2B in interest payments now required over the next 12 months[0]. > Musk and h
by judge2020 4y ago
OP is making a point that Twitter is now saddled with ~13 billion in debt, with 1.2B in interest payments now required over the next 12 months[0].
> Musk and his co-investors collectively cut a check for more than $30 billion of their own money for the Twitter deal. That money would be at risk if Twitter required a debt restructuring down the line.
0: https://www.reuters.com/markets/deals/twitters-massive-revenue-drop-adds-heavy-debt-burden-2022-11-07/ https://www.reuters.com/markets/deals/twitters-massive-reven...