http://bit.ly/3DU2EBp
A #MarginLoan lets u to borrow against securities u own -collateral-
Value assigned to collateral is set by lender
It was leaked that Wealth Unit of #CreditSuisse has halted #MarginLoans on #Adani Debt.
#AdaniPorts notes were valued at 75% as collateral but now they have turned them into zero value as bonds of #AdaniGreenEnergy and Adani Electricity #Mumbai Ltd. too
#marginloan #creditsuisse #marginloans #adani #AdaniPorts #AdaniGreenEnergy #mumbai