Banks Sell $5.5B of X’s Debt

Banks sell down $5.5 billion of Musk's X debt to investors, source says
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 knowledge of the deal.
Banks Sell $5.5B of X’s Debt as Interest in Politically Influential Musk Grows
Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon
Banks Sell $5.5 Billion of X Loans After Investor Interest Surges
X CEO tells investors that the financial health of social-media company is improving.
Musk’s value on Wall Street is rising as banks find buyers for X loans
Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence in Musk is rising alongside the billionaire’s elevated status in Washington.
Morgan Stanley-led banks sell $5.5B of X debt: stake in xAI, Musk-Trump alliance in play - reports
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 cites people with knowledge of the matter.
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company’s buyout.
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Wall Street banks on Wednesday sold billions of dollars in X debt holdings thanks to a surge in investor interest as the social network adds big advertisers and Elon Musk gains clout in Washington, according to a report.
Musk-Trump Bromance Turns X Debt From Burden to Asset for Morgan Stanley
Morgan Stanley was stuck with billions of dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of ...
X debt shopped with $6B sweetener from Musk's AI bet
Wall Street banks are preparing to sell $3 billion of senior secured debt tied to Elon Musk's buyout of X (formerly Twitter), with a sweetener of a claim on X's stake in Musk's AI venture, xAI Corp.
Morgan Stanley boosts X debt sale, Bloomberg reports
A group of Morgan Stanley (MS)-led banks is set to increase a sale of loans tied to Elon Musk’s social media platform X after receiving ...
X CEO Meets Potential Debt Investors at Morgan Stanley Office
Morgan Stanley hosted a meeting with senior executives from social-media platform X and about two dozen investment firms on ...
Morgan Stanley to increase sale of loans tied to Musk's X, Bloomberg News reports
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 ...
Investor Interest Surges in X Loans
That's how much banks sold in debt backed by Elon Musk-backed social media company X on Wednesday. The banks had originally planned to sell around $3 billion at around 95 cents on the dollar, [The Wal ...
X Debt Shopped With $6 Billion Sweetener From Elon Musk’s AI Bet
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential ...