3 ms·
TD didn't commit to $20B their letter only says they're "highly confident" they could raise that much. Very important distinction between the two.
by rtkwe 5mo ago
TD didn't commit to $20B their letter only says they're "highly confident" they could raise that much. Very important distinction between the two.
- papercrane 5mo agoThe letter also said it was conditional on the combined entity maintaining investment-grade credit rating, which seems unlikely if the combined entity was saddled with $20B in debt.