Twitter credit faces a ‘multiple-notch’ downgrade as Musk’s buyout leads to significant spike in debt
April 26, 2022 at 15:08 PM EDT
Twitter Inc.'s deal to be acquired by Elon Musk will lead to a big increase in the social-media company's debt burden, which S&P Global Ratings believes will lead to a "multiple-notch" credit rating downgrade.
