| ▲ | rtkwe 6 hours ago | |
TD didn't commit to $20B their letter only says they're "highly confident" they could raise that much. Very important distinction between the two. | ||
| ▲ | papercrane 5 hours ago | parent [-] | |
The letter also said it was conditional on the combined entity maintaining investment-grade credit rating, which seems unlikely if the combined entity was saddled with $20B in debt. | ||