Bank of America announced that it will repurchase $100 million convertible notes from FTX for $71 million
According to PRNewswire, Dave Inc., a US bank, announced that it has reached an agreement with FTX Ventures Ltd. to repurchase $71 million worth of convertible notes originally issued to FTX at a discounted price. The completion conditions for this transaction are approval from the bankruptcy court and no other transactions involving the convertible notes by FTX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain exchange's Prime Custody transferred out 19,100 ETH, worth approximately $140 million.
Analyst: Employment data fails to clarify interest rate outlook, market lacks upward momentum
Maji adds to Ethereum long positions again with 25x leverage, liquidation price at $2,818.3
Trending news
MoreCrypto prices
More
