The Ilona Mask team studies methods, including the sale of new shares in Twitter, to attract $ 3 billion to pay off part of the company’s debt.
This was reported by The Wall Street Journal with reference to sources.
According to their information, in December, the mask representatives held negotiations with investors, explaining that the funds received will help the head of Twitter pay the most expensive loans. According to the publication, the total loan that Musk took to purchase a company reaches $ 13 billion, but it is unsecured loans of $ 3 billion that is supposed to be repaid primarily if new funds are successful. Mask assistants hoped to resolve the issue of the end of last year, adds The Wall Street Journal.
Musk previously compared the company to crash a plane that “rushing at high speed to the ground with burning engines and a non -working dashboard.”
October 27, the businessman closed the deal for $ 44 billion on the purchase of Twitter. Immediately after the purchase, he fired a number of members of the company’s management, including the CEO of the Agrav Paragus and the financial director of Ned Sigal.
As follows from the documents posted in the Basic of the US Securities and Exchange Commission, Musk also dismissed the board of directors and became the sole leader of the company.