According to a Wall Street Journal report, banks that loaned Elon Musk $13 billion to buy Twitter haven’t been able to sell the debt.

  • then_three_more@lemmy.world
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    3 months ago

    Say you have a credit card debit and you take out a new card because it has a free credit transfer offer going on. You’re selling your debt right there.

    Another scenario is you have a loan and refinance it using a new loan.