Morgan Stanley, Banks Shed Bulk of X Debt With $4.7 Billion Deal
Morgan Stanley boosted the size of its latest offering of X Holdings Corp. debt to $4.74 billion, putting the firm and other lenders on track to finally rid themselves of the bulk of their exposure to the financing they arranged for Elon Musk’s 2022 purchase of the social-media platform.
Morgan Stanley to offload another $3B of debt from Musk's X
Morgan Stanley advised Musk on the purchase, led the financing and sales and also held the largest chunk of X debt. Other holders include Bank of America Corp., Barclays Plc, Mitsubishi UFJ Financial Group Inc., BNP Paribas SA, Mizuho Financial Group Inc. and Societe Generale SA.
Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed the $13 billion debt ...
MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social ...
Wall Street banks led by Morgan Stanley (MS) are close to offloading another $3 billion in debt relating to Elon Musk’s purchase of ...
A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Elon Musk's social media platform X after ...
Morgan Stanley kicked off a nearly $3 billion loan sale for X Corp., according to people with knowledge of the matter.
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US Steel, Nucor, Steel Dynamics Expected To Benefit As Trump Formalizes Tariffs, Says Morgan Stanley: Retail Sentiment SoarsSteel Dynamics Inc. (STLD), and other steelmakers edged up in mid-day trade on Tuesday as analysts at Morgan Stanley ...
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