The insurance sale is in real danger of not happening as no buyers think it is worth what Bill does. After the 6MM loss last week It will be interesting to know what Bill’s backup plan to raise capital and further cut expenses. Has anyone heard anything similar?
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Sorry - what’s AVP?
@azq+1qHyCetc just shut up already.
Bill and the boys are selling 3.5 billion in investment grade bonds.
I don't know about insurance, but Bloomberg says they are about to sell bonds.
https://www.bloomberg.com/news/articles/2024-01-22/truist-joins-wall-street-banks-post-earnings-debt-sales-spree
$6B* -- for analyst purposes MM is used as millions and isn't used for as billions acronym. Just to clarify.
It’s like catching a falling kn--e.
AVP to the rescue