3 days ago · (Bloomberg) -- A group of Morgan Stanley-led banks sold $5.5 billion of debt tied to Elon Musk’s social-media platform X after receiving stronger-than-expected demand from investors, according ...

3 days ago · A group of Morgan Stanley-led banks sold $5.5 billion of debt tied to Elon Musk’s social-media platform X after receiving stronger-than-expected demand from investors, according to people with ...

2 days ago · Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion acquisition of Twitter, now called X, in 2022, said a source with ...

1 day ago · Scott Olson. A group of banks led by Morgan Stanley sold $5.5 billion of debt related to Elon Musk's acquisition of platform X, formerly known as Twitter, according to a Bloomberg report that ...

2 days ago · A spokesperson for Morgan Stanley declined to comment. X didn’t immediately respond to a request for comment. The Wall Street firms got stuck with US$13 billion of debt that Musk heaped on X during his surprise bid to take it private in 2022. While banks typically try to resell debt they commit to fund an acquisition quickly, investors balked ...

2 days ago · A group of Morgan Stanley-led banks is set to sell $5.5 billion of loans tied to Elon Musk ’s social-media platform X, allowing them to offload around half of the debt they’ve been stuck holding for years, according to a person with knowledge of the matter.. The loan is expected to be sold at 97 cents on the dollar on Wednesday, said the person, who asked not to be identified discussing a ...

2 days ago · 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 receiving stronger-than-expected demand from investors, Bloomberg News ...

3 days ago · 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 receiving stronger-than-expected demand from investors, Bloomberg’s ...

2 days ago · Morgan Stanley’s decision to expand the X debt sale from $3 billion to $5.5 billion reflects strong investor interest, signaling growing confidence in Musk-linked assets and the platform’s ...

1 day ago · Morgan Stanley and a group of lenders have increased the sale of $3 billion in loans tied to social media platform X. The platform is intrinsically linked to billionaire Elon Musk, who sat second on the 2024 Forbes Rich List. Due reported last year that there were more billionaires than ever, with ...