Banks Sell $5.5 Billion of X Loans

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 $5.5 Billion of X Loans After Investor Interest Surges
X CEO tells investors that the financial health of social-media company is improving.
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site formerly known as Twitter.
Morgan Stanley-led banks sell $5.5 billion of X debt on demand surge
The banks initially planned to sell about $3 billion worth of the loan but received enough interest to parcel out additional debt
Morgan Stanley Boosts X Debt Sale as Investors Embrace Musk Bet
A group of Morgan Stanley-led banks is set to substantially increase a sale of loans tied to Elon Musk’s social-media platform X after receiving stronger-than-expected demand from investors, according to people with knowledge of the matter.
Morgan Stanley-led banks to upsize Elon Musk's X bond sale
A consortium of banks guided by Morgan Stanley (NYSE:MS) is preparing to significantly expand the sale of loans linked to Elon Musk's social media platform, known as X. This decision comes in response to greater-than-anticipated demand from investors,
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Man who robbed Michigan bank had child in the backseat, police say
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