{"id":82766,"date":"2022-10-06T01:54:11","date_gmt":"2022-10-06T05:54:11","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82766"},"modified":"2022-10-06T01:41:47","modified_gmt":"2022-10-06T05:41:47","slug":"banks-financing-musks-twitter-deal-face-hefty-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2022\/banks-financing-musks-twitter-deal-face-hefty-losses.html","title":{"rendered":"Banks financing Musk\u2019s Twitter deal face hefty losses"},"content":{"rendered":"\n<p>(CNBC) Elon Musk\u2019s\u00a0U-turn on buying <a href=\"https:\/\/www.cnbc.com\/quotes\/TWTR\/\">Twitter<\/a> could not have come at a worse time for the banks funding a large portion of the$44 billion deal\u00a0and they could be facing significant losses. As in any large acquisition, banks would look to sell the debt to get it off their books. But investors have lost their appetite for riskier debt such as leveraged loans, spooked by rapid interest rate hikes around the world, fears of recession and market volatility driven by Russia\u2019s invasion of Ukraine.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/10\/05\/banks-financing-musks-twitter-deal-face-hefty-losses.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Elon Musk\u2019s\u00a0U-turn on buying Twitter could not have come at a worse time for the banks funding a large portion of the$44 billion deal\u00a0and they could be facing significant losses. As in any large acquisition, banks would look to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82766","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82766"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82766\/revisions"}],"predecessor-version":[{"id":82767,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82766\/revisions\/82767"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}