As you hear, Elon Musk is trying to purchase Twitter with cash offer of $44 billion. However, as the richest person in the world, he does not have $44B cash laying underneath his mattress. Therefore, this cash offer will consist of cash receipt of selling his own Tesla stock, equity financing from large investor, and like everybody else boring money from the banks. Below is a detail of the debt financing for this purchase. Some of the debts are secured by using Tesla as collateral, while others are unsecured debts with higher interest rates. Explain the impact of Tesla financial statements based on how debts are financed, especially which financial ratios will be impacted. Sine Elon Musk plans to take Twitter private, what are advantages and disadvantages of public trades and private company?

Joint loan arrangers $13 billion debt financing package Bank of America Barclays BNP Paribas $6.5 billion term loan facility Mizuho $500 million revolving loan facility Morgan Stanley 53 billion secured bridge loans MUFG $3 billion unsecured bridge loans Societe Generale