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Banks Sell $5.5B of X’s Debt
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.
Banks Sell $5.5B of X’s Debt as Interest in Politically Influential Musk Grows
Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon
Morgan Stanley-led banks sell $5.5B of X debt, xAI stake in play - reports
Banks including Morgan Stanley, Bank of America, and Barclays offered a deal to investors seeking minimum commitments in the hundreds of millions.
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Wall Street banks on Wednesday sold billions of dollars in X debt holdings thanks to a surge in investor interest as the social network adds big advertisers and Elon Musk gains clout in Washington, according to a report.
12h
Henkel to sell retailer brands business in North America
German consumer goods maker Henkel said on Friday it would sell its retailer brands business in North America to an affiliate ...
6h
on MSN
If Bruins decide to sell at trade deadline, who could get moved?
A breakdown of every Bruins' no-trade and no-movement clauses and the interest they might draw at the deadline.
11h
on MSN
Legal & General to Sell U.S. Protection Business in $2.3 Billion Deal
The insurance company expects to return an extra $1.24 billion to shareholders via buybacks upon completion of the sale.
11h
British insurer L&G to sell US protection unit for $2.3 billion
British life insurer Legal & General said on Friday it would sell its U.S. protection business to Japan's Meiji Yasuda for $2 ...
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