Other DebtActive
3.875% X Senior Notes due 2027
SPCX-Dec27
$160.95▲ 19.22%
BTC Holdings
18,712 BTC
Total Debt
$29.13B
Leverage
1104.0%
mNAV
1749.64x
Outstanding
$25.00M
Issue date
—
Principal
$700.00M
Coupon
3.88%
Maturity
2027-12-15
Conversion price
—
- Issued in 2019 by an X subsidiary; ~$675M repurchased Nov 2022 in settlement of the Twitter change of control, ~$25M remains outstanding
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior unsecured
- Payment frequency
- Semi-annual
- Payment dates
- Jun 15, Dec 15
- Rate type
- Fixed
- Prepayment
- Issuer may redeem in whole or in part at any time before Sep 15, 2027 at 100% of principal plus make-whole premium
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2022-11-30 | Repurchase | $25.00M ~$675M repurchased in settlement of the Twitter change of control |
| 2019-12-31 | Issuance | $700.00M Issued in 2019; exact date not disclosed |
- 2022-11-30 — $25,000,000Note 10 — Debt
- 2019-12-31 — $700,000,000Note 10 — Debt