Today I Want to talk about how Citadel has just accepted another bailout? Taking a $400 million loan at Sky High interest rates Citadel is in big trouble and they're desperate for cash as theirs is all tied up in positions they can't close out from. So stay tuned and let's make some money. And now I'll dive straight in with the key information. So Boss Bun's tweet is saying Cadel needs another trading loan from Bank of America and reference this screenshot from Bams it says said that our Securities launched a $400 million loan on Monday with proceeds to be used for General Corporate purposes including trading Capital The new debt which holds the lowest rung of investment grade ratings AKA junk debt will be added to the company's existing $ 3.54 billion.

Loan Bank of America is leading the transaction and institutional investors must decide if they will participate by Wednesday. So Citadel already has $3.5 billion in loans and is now taking out even more with the rating of junk debt, which is incredibly risky in a Skyhigh interest rate environment. It's important to note their debt isn't AAA rated in a federal funds rate environment of 0% interest. Their debt is the opposite of AAA rated.

it's junk debt and we're also in a Sky High rate environment. Obviously, if you've been living under a rock. we currently have the highest interest rate in over 20 years. so Citadel isn't trying to pay down their existing debt.

They're actually taking out more debt because they're desperate for cash. You may remember back in August of 2022. Citadel Securities borrowed an additional $600 million back then that was to bolster its balance sheet and trading business. And if you didn't already know, successful companies don't need to bolster their balance sheet.

They have a successful balance sheet as is. And again, that's not all the bailing out Cadel has done over the last couple of years as they recently also accepted a $1.15 billion investment from Sequire Capital and Paradigm that was back in January of 2022. So in just the last year and a half two years Citadel have accepted almost $2 billion of external help, external help in the form of external Investments, and external loans. If Citadel was flood with cash and they were successful, surely they'd be using their own cash for free, not paying Sky High interest rates to borrow cash elsewhere, or selling off portions of their business to external investors investor.

Turf Also added saying in 2022, Citadel got a $1 1.15 billion bailout from Seoa and paradig their first outside investment. They also took that $600 million loan deceiving investors about performance and now saying in 2023, Citadel Securities has just secured a $400 million loan adding to the debt. Still deceiving investors and the media and this last Point actually is very, very important. Don't forget the media is going to report positive things about Citadel securing these external loans.

Remember Jim Kramer Saying live on air you can't ever say anything negative about Citadel He said even if Citadel is down 50% for the year, he must say that Citadel is doing great Citadel is great, Citadel is successful. Nobody worry about Citadel because Citadel is fine and Citadel is great. He said if you don't say that Citadel is great, well that's very, very bad. So guys, be sure to expect the media to Hype up this $400 million loan saying that it's excellent Ken Griffin desperately needs external money Citadel Needing a $2 billion bailout in just two years must be excellent for Citadel because guys remember, it's very, very important Citadel is great.

Obviously if you didn't realize that was sarcasm because I personally believe Citadel is not great as I'm not the mainstream media and I'm not Jim Kramer If anything, this shows to me that Citadel is in Desperate trouble. But remember, even though I can say what I want, the mainstream media must say that Citadel is fine. Also guys, if you wanted to make a little bit of extra money on the side for some extra Christmas presents, be sure to join the millionaire mindset. Trading Group where we get daily profits like these.

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as cat added, she said why would Citadel need a loan which holds the lowest rung of investment grade rating if they're doing so good Biotech Moose added saying exactly he just needs another half billion doll loan to keep the lights on and to keep shorting AMC GameStop and others for a few more months until hopefully retail investors break. And he said if Citadel is hurting after shorting 59% of the South Korean market for several billion dollars in 2022, he said I imagine other hedge funds are ready to crack as well, especially as South Korea has now banned Short Selling and is obviously investigating all of those global investment banks for illegal Short Selling And as I pointed out earlier As Rat Toy has also reinforced, he said what would take on debt during Rising rates. As I said, you know, fair enough take out debt here in this 0% interest rate or 0% fed funds rate environment between 2010 and 2015 and again between 2020 and 2022. But why is he desperately taking out hundreds of millions of dollars worth of debt at the highest interest rate in over 20 years? And also why is he taking out debt? Not with a AAA Bond rating or a AAA rating, but the lowest rung of investment grade ratings As I said.

less. recap: Cel don't have a AAA rating nor a a A plus, able A or able a minus, nor an A+ A or a minus. but it's somewhere in the triple. B's that lower medium grade credit.

That's the lowest kind of credit or lowest kind of investment grade credit before it turns to non-investment grade. Now, you may have also seen AMC recently announced the completion or the satisfaction of their share issuance. Issuing around 40 million shares to Ra is over $350 million. I've said a number of times on the channel that I'm not a fan of dilution as every single share Adamar sells for $10 or less is one less synthetic share these shorts have to buy from us.

Although while I'm not a fan of this dilution, it is obviously good to improve AMC's fundamentals. And as Pete points out to pay down the debt as Pete added and tweeted, he said AMC have paid off a billion dollars of debt with no input from movies or other Revenue sources, just entirely from outside sources saying that bankruptcy is now 100% off the table. Here it says so far in 2023, AMC has raised $865 million of equity capital and lowered liabilities by approximately 440 Million by reducing corporate borrowings leading to over a billion dollar reduction in our corporate borrowing since December of 2020. As I said in my video yesterday, having high debt isn't a bad thing for AMC because AMC is such a capital intensive business, but paying down that debt is always brilliant.

Paying down debt just means less interest to pay, which means more profitability. If you actually look at the numbers, AMC pays over $100 million worth of Interest per quarter. So as AMC pays down more of that debt and potentially pays it off entirely, that's an extra $100 million per quarter of pure profit. It's so interesting to see see the two separate Tales of two different companies or two different entities.

On one hand, we have AMC paying down debt and becoming more profitable. and on the other hand, Citadel desperately taking out more debt and more loans as fast as possible. So guys, be sure to let me know what you think down in the comments below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I upload a new video Cheers!.