Quoted By:
-From publication date, the first rollover from the original event date, the price has approximately halved, from $30 to $16 per share
-The original event date, the price was $1.50 per share.
-Based on investigation findings, all global counterparties involved are short on this basket.
-The dollar value of the short-short equity swap is $162 trillion dollars.
-Company U only has $1 trillion in assets to post as collateral
-Company U is the largest company in comparison to the counterparties
-The market cap of the stock is $4.6 billion.
-Maturity is on the 15th and T+2 is on the 19th
Would there be a possibility of extending this short-short basket equity swap any further?
>Extending the Short-Short Basket Equity Swap: A Real-World Scenario Analysis
>Based on the information provided, extending the short-short basket equity swap with the current conditions seems highly unlikely, bordering on impossible, for several reasons:
>bordering on impossible [to extend]
They hated the AI overlords because they told the truth.