Bank of America CEO isn’t worried about debt funding

[Wealth Street Investor]  Stocks are for suckers – try this instead This has nothing to do with dividends, day trading... taking out a loan… or anything like that. What you need is about 3 seconds to execute this simple financial maneuver… And you could be generating $230… $630… even $1,420 or more… In the next hour. [Click here to learn how.]( Sponsored  ---------------------------------------------------------------  This Service Can Easily Pay For Itself This proprietary system relies on an “X” signal that delivered a string of results in 2021 like: - +43.50% in April, - +96.97% in May, - +47.15% in “, - +31.88% in August, - +40.48% in October, - +36.59% in November  [It can now be yours if you act today.]( Sponsored  ---------------------------------------------------------------  The CEO of Bank of America, one of the financiers of Elon Musk‘s Twitter takeover, doesn’t appear worried about the deal. CNBC reported on Thursday that Musk is now in charge of Twitter. Binance, one of the investors in the deal, told CNBC the acquisition has closed. After Musk first announced plans to buy Twitter in April, he secured equity financing from an array of investors, including technology firms, as well as debt financing from a number of investment banks. One of those was Bank of America. But with the rout in technology stocks this year and investors cautious on risky assets, that debt could be hard to sell on to investors, meaning the banks may have to hold onto the debt. The Wall Street Journal reported Wednesday that the investment banks may hold onto the debt until next year before selling it. Credit analytics firm 9fin estimates the banks could face losses of $500 million if they sold the debt in the current environment. The banks that pledged to finance the deal have started releasing the funds into an escrow account, according to the Wall Street Journal. When the acquisition closes, the funds will be handed to Musk to finance the deal. There has been no official confirmation that the deal has been completed yet, but Musk alluded to it being closed in tweet which said: “the bird is freed,” referring to Twitter blue bird logo. The information provided is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are from 3rd parties, claims have not been independently verified by us, and we have not been compensated in any way to review the companies or symbols mentioned. [Read the original article here.](  ---------------------------------------------------------------  $8.25 a Month “Amazon Internet” Coming to Your Town? Bloomberg calls it “Internet delivered from the heavens…” And by December 31, it could very well start rolling out to YOUR city. Delivering a KILL SHOT to the $1.32 trillion big cable and internet giants… And potentially saving you up to 88% on your cable or internet bills! 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