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.
With the latest sale, the banks - that besides Morgan Stanley includes Bank of America, Barclays, Mitsubishi UFJ, BNP Paribas ...
Wall Street banks led by Morgan Stanley (MS) are close to offloading another $3 billion in debt relating to Elon Musk’s purchase of ...
Morgan Stanley kicked off a nearly $3 billion loan sale for X Corp., according to people with knowledge of the matter.
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 ...
Un grupo de bancos liderado por Morgan Stanley aumentará sustancialmente la venta de préstamos vinculados a la plataforma de ...
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