A group of banks led by Morgan Stanley is preparing to sell as much as $3 billion of senior debt tied to Elon Musk’s buyout of X, the social media platform formerly known as Twitter, according ...

The banks holding the bulk of the loans, which include Morgan ... the purchase of Twitter (now X) are stuck on banks’ balance ...

A consortium of banks led by Morgan Stanley (MS) is preparing to sell as much as $3 billion of senior debt tied to Elon Musk’s (TSLA) $44 billion acquisition of X, formerly known as Twitter.

Elon Musk’s purchase of Twitter could go down as the worst leveraged buyout (LBO ... Typically, Wall Street banks will ...

President Donald Trump's administration has launched a sweeping overhaul of the federal workforce, starting with a blunt offer this week: Take a buyout ... debt. When Musk acquired Twitter in ...

NEW YORK: A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X, the social media platform formerly known as Twitter ...

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X ... to Musk to complete his $44 billion buyout of X, formerly known as Twitter, in 2022. Bankers at Morgan ...

Last week, the banks began shopping approximately $3 billion in senior portions of the debt tied to Musk’s 2022 Twitter buyout at around $0.90 to $0.95 on the dollar. They had previously tested ...

US government faces a "Fork in the road," just as Twitter did when Musk bought the company in 2022. Musk's Twitter job cuts were partly driven by the need to save money for big debt payments.