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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,
2h
US banks raise equity to jumpstart deals, bolster balance sheets
U.S. regional banks are capitalizing on improving investor sentiment by raising billions of dollars in equity to pursue deals ...
1d
America’s Best Banks 2025: Small Banks Shine Amid Wall Street’s Behemoths
From North Carolina to Alaska, the top 10 banks on Forbes’ ranking of 100 publicly traded banks are all relatively tiny ...
2d
on MSN
Fact check: Trump falsely claims Canada prohibits US banks
President Donald Trump put a month-long pause on his planned tariffs on Canadian imports. Earlier in the day, though, he ...
1d
on MSN
US Senate panel investigates whether banks, regulators deny services on political grounds
U.S. banks and their regulators were scrutinized on Wednesday by lawmakers as they examined claims that they deny services to ...
5h
on MSN
ArcelorMittal Banks on Improved Steel Demand After Booking Narrowed Net Loss
The company said it believes demand for steel will improve this year after fewer impairment charges and other exceptional ...
1h
Banks won’t accept my cheques because I use my middle name, claims (Winifred) Mary Beard
The classicist and writer does not use her ‘frumpish’ first name but claims computer systems allow ‘no variation at all’ ...
4d
Why Banks May Be Hoping You’re Not Paying Attention
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...
23h
Banks sell down $5.5 billion of Musk's X debt to investors - source
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 ...
MLive
6d
Man who robbed Michigan bank had child in the backseat, police say
ROSEVILLE, MI – A Michigan man allegedly robbed a bank while a child waited in the back seat his car. WXYZ-TV in Detroit ...
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