Banks Prepare to Sell as Much as $3 Billion of X Buyout Debt

Jan 24, 2025  · The banks, which recently offloaded about $1 billion to multiple investors in a private transaction, plan to hold on to Twitter’s more junior debt for the time being, one of the people said.


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Banks Prepare To Sell As Much As $3 Billion Of X Buyout Debt

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Jan 24, 2025  · The banks, which recently offloaded about $1 billion to multiple investors in a private transaction, plan to hold on to Twitter’s more junior debt for the time being, one of the people said.

yahoo.com

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Wall Street Banks Set To Sell Billions Of Dollars Of X Loans

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Jan 24, 2025  · Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said …

nypost.com

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Banks Offer X Debt With Claim On Stake In Musk's AI Venture As ...

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Jan 27, 2025  · A group of banks led by Morgan Stanley is preparing to sell as much as $3 billion of senior secured debt backing Musk’s 2022 buyout of the company.

bloomberg.com

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Wall Street Banks Prepare Sale Of Up To $3 Billion In X Loans Next …

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Jan 25, 2025  · Wall Street banks, including Morgan Stanley, are preparing to sell up to $3 billion of debt holdings in the social media platform X, formerly known as Twitter. These banks had …

indiatimes.com

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Wall Street Banks Prepare To Sell Up To $3 Billion In X Loans Next …

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Jan 25, 2025  · NEW YORK (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with …

yahoo.com

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Wall Street Banks Prepare To Sell Billions Of Dollars Of X Loans

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Jan 24, 2025  · The sale of debt holdings would mark an important step in removing an albatross that has weighed on the banks since they agreed to finance the $44 billion purchase of the …

wsj.com

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Wall Street Banks Prepare To Sell Up To $3 Billion In X Loans Next …

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Jan 24, 2025  · NEW YORK (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with …

marketscreener.com

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Banks Prepare To Sell As Much As US$3b Of X Buyout Debt, …

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Jan 25, 2025  · A group of banks led by Morgan Stanley is preparing to sell as much as US$3 billion (RM13.18 billion) of senior debt tied to Elon Musk’s buyout of X, the social media …

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Musk’s X Buyout Debt Tests Investor Appetite As Banks (MS

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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. …

nasdaq.com

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Pimco, Apollo Among Funds Looking At Next $3 Billion Of X Debt

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Jan 28, 2025  · Pacific Investment Management Co. is among asset managers looking at buying a portion of $3 billion of debt tied to Elon Musk’s buyout of X, according to people with …

bloomberg.com

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Banks Prepare To Sell As Much As $3 Billion Of X Buyout Debt (2)

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Jan 24, 2025  · 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 …

bloomberglaw.com

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Banks Prepare To Sell US$3bil Of X Buyout Debt - The Star

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Jan 26, 2025  · 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 …

thestar.com.my

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Wall Street Banks Prepare To Sell Up To $3 Billion In X Loans Next …

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Jan 24, 2025  · Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said …

reuters.com

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Musk-Trump Bromance Turns X Debt From Burden To Asset For …

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To be sure, the banks that underwrote the leveraged buyout have earned about $3 billion of interest on the X debt since 2022, according to Bloomberg calculations, far exceeding any …

msn.com

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Musk’s X Buyout Debt Tests Investor Appetite As Banks (MS) …

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Jan 24, 2025  · 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 …

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X Debt Shopped With $6B Sweetener From Musk's AI Bet - USA …

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12 hours ago  · Wall Street banks are preparing to sell $3 billion of senior secured debt tied to Elon Musk's buyout of X (formerly Twitter), with a sweetener of a claim on X's stake in Musk's AI …

usatoday.com

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Wall Street Banks Prepare Sale Of Up To $3 Billion In X Loans ... - MSN

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By Tatiana Bautzer and Saeed Azhar (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources ...

msn.com

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Report: Banks Prepare To Sell Up To $3 Billion In X Loans

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Jan 27, 2025  · NEW YORK – Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge …

pressreader.com

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Banks Prepare To Sell Billions Of Dollars Of X Loans: Report

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Jan 25, 2025  · Wall Street banks are gearing up to sell up to $3 billion of debt tied to billionaire Elon Musk's buyout of social media platform X, known as Twitter at the time of purchase, the …

seekingalpha.com

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Banks Prepare To Sell As Much As $3 Billion Of X Buyout Debt

3 weeks from now

Jan 25, 2025  · 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 …

maaal.com

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Report: Banks Prepare To Sell Up To $3B In X Loans

3 weeks from now

Jan 27, 2025  · NEW YORK – Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the socialmedi­a platform controlled by Elon Musk, two people with knowledge of …

pressreader.com

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Banks Selling X Debt - Perplexity.ai

3 weeks from now

The $13 billion financing package for Elon Musk's acquisition of X (formerly Twitter) was a crucial component of the $44 billion buyout deal in 2022. A consortium of major Wall Street banks, …

perplexity.ai

FAQs about Banks Prepare to Sell as Much as $3 Billion of X Buyout Debt Coupon?

Are Wall Street banks ready to sell X?

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. ...

What banks are selling X loans to investors?

Morgan Stanley, Bank of America, Barclays, X and Elon Musk did not immediately respond to requests for additional comment. Banks typically sell such loans to investors soon after a deal is done, but lenders have faced difficulties in offloading the debt in the case of X. ...

What if a bank tries to sell its debt in 2022?

Attempts to sell the debt in late 2022 attracted bids which would have seen banks taking as much as a 20% loss on the face value of the debt, sources at the time said. Other banks in the consortium that helped finance the deal include Mitsubishi UFJ BNP Paribas, Mizuho, and Societe Generale. ...

Is Morgan Stanley preparing to sell X?

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 to people with knowledge of the matter. ...

What happened to bank of America's debt after the acquisition?

When the acquisition closed, the banks got stuck with three tranches of debt: $6.5 billion meant to be sold to investors as senior secured leveraged loans, along with two $3 billion tranches to be replaced by secured and unsecured junk bonds. ...

What happened to Wall Street banks in 2022?

The Wall Street Journal first reported about the plans on Friday. In 2022, Wall Street banks became stuck with about $40 billion of debt for acquisitions that they had underwritten in the easy-money era, as the Federal Reserve began aggressively hiking interest rates. They have since managed to offload the majority of those deals. ...

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