Citadel has just accepted another $400m loan bailout! Citadel is taking on as much debt as possible, with the worst 'investment grade' credit rating, in a sky high interest rate environment.
FYI, succesfull companies try to PAY DOWN debt when rates are high, not take out hundreds of millions/billions in loans!
This means Citadel now has over $3.5bn in loans as well as a $1.15bn external investment when they desperately needed cash.
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