|
|
|
|
|
|
by NovemberWhiskey
2169 days ago
|
|
|
I don't think you're aware of all the details here. The special purpose vehicle also structured a transaction with Credit Suisse which effectively allowed the bonds to be resold immediately to institutional investors. The fund (i.e. SoftBank employees) had no ongoing risk exposure and pocketed the pre/post-deal spread in the share price. Matt Levine has an article about that on Bloomberg: https://www.bloomberg.com/opinion/articles/2020-07-02/free-w... |
|
|