According to calculations by CreditSights, a credit research firm, the bank financing alone will leave Twitter highly leveraged once the deal is completed. Twitter’s gross indebtedness will be nine times its…
“Nods to heritage and legacy should be treated as just that,” wrote Neill Keaney, an analyst at the debt rating agency CreditSights.
Neill Keaney, a debt analyst at ratings agency Creditsights, said that British companies were “very much in the crosshairs of foreign suitors as Brexit weighs on valuations and equity prices”.