Claims Market, a trading platform that specializes in bankruptcy claims and provides liquidity for FTX claims, said on May 8 that the transaction price per unit of FTX claims in the secondary market has risen to 101% (Bid) to 110% (Ask) range.
According to the restructuring plan released by FTX late Tuesday, FTX estimates that it owes about $11.20 billion, while 14.50 billion to $16.30 billion can be distributed to creditors.
Claims Market: Tier 2 price of FTX debt has risen to 101% of face value
2024-05-09 16:12:56
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