1 day ago · Demand for X’s debt allowed Morgan Stanley to scale up the size of its previous offering and price it closer to par value than initially expected. The current chunk of debt being offered is ...

1 day ago · Morgan Stanley Sets $3 Billion X Loan to Tap Into Musk Mania Loan pitched at 98 cents or higher with 9.5% interest rate Banks have already sold $6.5 billion of X debt this year

Investing.com -- Morgan Stanley (NYSE:MS) has initiated the sale of another significant portion of Elon Musk-owned X Corp.'s debt, a mere week after selling $5.5 billion of the social media ...

6 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 ...

6 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 ...

6 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 ...

Feb 4, 2025 · 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 ...

Feb 4, 2025 · Morgan Stanley (MS)-led banks are expanding their sale of loans tied to Elon Musk’s social media platform X, capitalizing on robust investor interest driven by Musk’s growing political...

Feb 4, 2025 · 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 ...

Feb 4, 2025 · (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 ...