Birdwatch Note Rating
2022-10-29 13:46:04 UTC - NOT_HELPFUL
Rated by Participant: CAAE4A03C1A73DCD7D0618F0AAC74AB804571EF39F9A2789F52C2F4AFDAF3799
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