Kyle Bass – Twitter, Released on 11/9/22
Beleaguered Credit Suisse is being forced to pay approx 9% to issue bonds today in an attempt to shore up their balance sheet. When a G-SIFI’s Senior CDS trades at 350bps and they are paying 9% to raise money in the bond market, things are not ‘good’. #bankrun #CS #Broken pic.twitter.com/4zmpqZ0gkX
— 🇺🇸Kyle Bass🇺🇦 (@Jkylebass) November 9, 2022
Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.