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I’m interested in understanding what happened to the debt. My simplistic understanding was that a bunch of the $13B debt raised for the twitter aq was secured b
by rao-v 2y ago
I’m interested in understanding what happened to the debt. My simplistic understanding was that a bunch of the $13B debt raised for the twitter aq was secured by Tesla stock, with some sort of callable mechanism (which got a bit scary when Tesla stock sank).
I assume with this deal some of that debt got converted to equity ($1B?) and any callable mechanisms got repriced but I cannot find details to figure this out.