Watching Blackstone Mortgage Trust; Muddy Waters Research Issues Report On Co Titled "Here Comes The Cliff! (BXMT US)"
Portfolio Pulse from Benzinga Newsdesk
Muddy Waters Research has taken a short position on Blackstone Mortgage Trust (BXMT), citing concerns over interest rate swaps and risk rating manipulations. They predict a significant dividend cut by H2 2024, potential borrower refinancing issues, and a liquidity crisis that could lead to losses wiping out BXMT's market cap.
December 06, 2023 | 5:25 pm
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Muddy Waters Research's report suggests significant risks for Blackstone Mortgage Trust, including a potential dividend cut, refinancing issues for borrowers, and a liquidity crisis that could lead to substantial losses.
The report by Muddy Waters Research directly targets BXMT's financial stability and future prospects. The predicted dividend cut and liquidity crisis, along with the potential inability of borrowers to refinance, could significantly impact investor confidence and BXMT's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100