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 ...

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and ...

Elon Musk's net worth has taken a tumble since the start of the ... U.S. tech sector and resulted in mass sell-offs at some ...

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of ...

New York | London | Wall Street banks saddled with debt from Elon Musk’ s $US44 billion takeover of Twitter sold large chunks ...

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 kicked off another large sale of X Corp debt, seizing on investors’ sudden embrace of the social media ...

Shares in both firms have more than doubled over the past year, with Barclays up 111% and NatWest 105% higher.

EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy ...

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read ...

MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social ...