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 Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.
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.
Citi raised the firm’s price target on Barclays (BCS) to 320 GBp from 305 GBp and keeps a Buy rating on the shares.Invest with Confidence:
Bankers at Morgan Stanley have contacted investors ahead of next week's planned sale of up to $3 billion in debt that lenders like Bank of America and Barclays granted Elon Musk in order to finalize his 2022 acquisition of the business that was formerly known as Twitter,
Barclays has clarified a '£5,000 limit' rule after a customer got in touch with a query. The person contacted the banking giant as they wanted to cash a cheque - but didn't have a local branch.
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Barclays analyst Dan Levy downgraded Ford (F) to Equal Weight from Overweight with a price target of $11, down from $13. The firm says that while it appreciates Ford’s transformation efforts, it ...
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Wall Street banks are preparing to sell up to $3 billion in debt linked to X, Elon Musk's social media platform. Morgan Stanley has contacted investor
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. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
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, according to people with knowledge of the matter.