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 ...
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 ...
Un grupo de bancos liderado por Morgan Stanley aumentará sustancialmente la venta de préstamos vinculados a la plataforma de ...
Morgan Stanley paid Ted Pick $34mn for his first year as chief executive, down from what his predecessor James Gorman earned in his final 12 months in the role and less than Wall Street rivals. The ...
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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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