So part of Deutsche Bank's lending to Wirecard in the form of a revolving credit facility ended up ***in a CLO that was sold on to other investors.***https://t.co/g5Qw9sqhNP pic.twitter.com/dBYRY2CKSL
— Tracy Alloway (@tracyalloway) June 22, 2020
#recession … #LeveragedLoan #CLOs edition
Who wouldn't want to own a #CLO with #Wirecard #loans from #DeutscheBank? 🤦♀️ https://t.co/xkVVup8eqK
— Invariant Perspective (@InvariantPersp1) June 22, 2020
https://twitter.com/Keubiko/status/1274874891867762690
As a friend of mine says: Weekends. Are. Bad. For. Frauds.
They are now "assessing options for a sustainable financing strategy"
In other words, they are flat broke and going to file. pic.twitter.com/KC93tbXjIh
— Donut Shorts (@DonutShorts) June 22, 2020
https://twitter.com/88888sAccount/status/1274890591491350530