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…
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“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”.