Birdwatch Note Rating
2022-10-30 05:33:38 UTC - HELPFUL
Rated by Participant: B693537CFD37024AB706793FE1440E23DCF81B95A7C59080969C3E59CA12145F
Participant Details
Original Note:
Twitter is now chained down by $13 billion in junk-bond debt. Interest payments will be over $1 billion a year. https://www.wsj.com/articles/elon-musks-twitter-takeover-seen-swelling-the-companys-debt-11666609106 It is unclear how or whether Twitter can pay this, so "Twitter will burn through cash." https://news.bloomberglaw.com/banking-law/twitter-musk-deal-drama-is-just-beginning-for-wall-street-banks
All Note Details