{"id":7315,"date":"2022-10-08T21:38:03","date_gmt":"2022-10-08T19:38:03","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/10\/08\/banks-stand-to-lose-at-least-500m-if-they-fund-elon-musks-twitter-takeover\/"},"modified":"2022-10-08T21:38:03","modified_gmt":"2022-10-08T19:38:03","slug":"banks-stand-to-lose-at-least-500m-if-they-fund-elon-musks-twitter-takeover","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/10\/08\/banks-stand-to-lose-at-least-500m-if-they-fund-elon-musks-twitter-takeover\/","title":{"rendered":"Banks stand to lose at least $500m if they fund Elon Musk\u2019s Twitter takeover"},"content":{"rendered":"<p>Morgan Stanley and six others committed in April to raise $13bn in debt to finance the purchase \u2013 before a deterioration in credit markets<\/p>\n<p>Several large US and international banks would lose $500m or more if they proceed with obligations to fund Elon Musk\u2019s $44bn takeover of Twitter, according to a report on Saturday.<\/p>\n<p>The banks, led by Morgan Stanley and six others, including Barclays and Bank of America, committed six months ago to raise $13bn in debt to finance Musk\u2019s purchase \u2013 an agreement that does not hinge on whether they are able to sell the debt on to investors.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/oct\/08\/banks-loss-elon-musk-twitter-takeover\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/1ce7c8e0889596a52713e2872b771ecf4933a9b6\/0_133_3500_2099\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=70948c2669b18ec2272399f5fe7ab45e\" title=\"Banks stand to lose at least $500m if they fund Elon Musk\u2019s Twitter takeover\" \/>Morgan Stanley and six others committed in April to raise $13bn in debt to finance the purchase \u2013 before a deterioration in credit markets<br \/>\nSeveral large US and international banks would lose $500m or more if they proceed with obligations to fund Elon Musk\u2019s $44bn takeover of Twitter, according to a report on Saturday.<br \/>\nThe banks, led by Morgan Stanley and six others, including Barclays and Bank of America, committed six months ago to raise $13bn in debt to finance Musk\u2019s purchase \u2013 an agreement that does not hinge on whether they are able to sell the debt on to investors. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley and six others committed in April to raise $13bn in debt to finance the purchase \u2013 before a deterioration in credit markets Several large US and international banks would lose $500m or more if they proceed with obligations to fund Elon Musk\u2019s $44bn takeover of Twitter, according to a report on Saturday. The &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/10\/08\/banks-stand-to-lose-at-least-500m-if-they-fund-elon-musks-twitter-takeover\/\"> <span class=\"screen-reader-text\">Banks stand to lose at least $500m if they fund Elon Musk\u2019s Twitter takeover<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":7316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7315"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=7315"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/7316"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=7315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=7315"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=7315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}