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Billionaire whose firm backed Trump’s $175 million bond reveals how the deal came together. | #trump’s $175 million bond

Billionaire whose firm backed Trump’s $175 million bond reveals how the deal came together.

Billionaire whose firm backed Trump’s $175 million bond reveals how the deal came together.

Don Hankey, the chairman and majority shareholder of Knight Specialty Insurance, told CNN on Tuesday that the deal to underwrite former President Donald Trump’s $175 million bond in New York came together quickly and that Trump posted all cash as collateral.