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by humanizersequel 1319 days ago
>yearly interest payments of roughly 1bn

This is on top of the principal? They pay 1bn every year and none of it counted against their debt?

2 comments

That's about right.

1bn/18.3bn = 5.4%

"Risk free" treasury bond yields are ~4.x%

1% premium for the risk seems reasonable given that Twitter is not known for making profits. Presumably some of the debt were incurred before the rate hikes so it's kind of on the low side.

Yes, that's just for the interest.