Sources: Musk gave verbal guarantees to some US banks that they would not lose money on the Twitter deal; banks face serious losses on the "uninvestable" debt (Financial Times)

Financial Times:
Sources: Musk gave verbal guarantees to some US banks that they would not lose money on the Twitter deal; banks face serious losses on the “uninvestable” debt  —  Banks are facing serious losses on the debt as social media platform's business deteriorates

from Techmeme https://ift.tt/r1ZYP9c