Banks Sell $5.5 Billion of X Loans

Banks sell down $5.5 bln 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 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
Banks wrapped up the sale of $5.5 billion in debt backed by Musk’s social-media company on Wednesday, people familiar with the matter said. The banks had originally planned to sell around $3 billion at around 95 cents on the dollar,
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 acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal.
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,
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 ...
Banks Want to Crash the Bitcoin Party. Trump Is Opening the Door.
The last time crypto collapsed, regulators celebrated that the country’s biggest banks had few ties to Bitcoin and other ...
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 ...
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 ...
American Banker3h
Make it easier to start new banks, lawmakers urge
Congressional representatives push to ease regulatory hurdles for de novo banks, citing barriers to entry for small lenders.
South Africa Banks Seek New Scorecard on Apartheid-Redress Plans
A South African banking-lobby group wants the government to complete a review of a charter created to address inequalities ...
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 ...
Sen. Banks threatens federal grants to police over immigration raid compliance
U.S. Sen. Jim Banks said he'll target federal grants to Indiana's largest law enforcement agency if they don't comply with ...
Top EU Nations Intensify Push to Make Banks More Competitive
Germany, France and Italy are stepping up their lobbying for an urgent review into weaknesses in Europe’s banking sector, ...