HITS Daily Double

Add Wormsley calls out Hands

TRUE OR FALSE? Wormsley also refuted Hands’ claim that Citigroup had acted as an adviser to Terra Firma, stating that the majority of conversations he had with Hands regarding EMI dealt with financing the deal. The Citi banker also said he was acting as an adviser to EMI, not as a member of the financing team. Wormsley said he got "constant calls" from Hands urging him to tell members of Citi's financing team about the "need to move quickly and to be aggressive on the financing." (10/27a)