The latest sale is a boon for the group of seven lenders, including Bank of America, Barclays and MUFG, who have been saddled ...

The company said that other parts of its business can benefit from efficiency initiatives after Musk pointed out how it ...

Bank of America, Barclays (LON:BARC), Mitsubishi UFJ (NYSE:MUFG), BNP Paribas (OTC:BNPQY), Mizuho (NYSE:MFG), and Societe Generale (OTC:SCGLY), have sold a substantial portion of the $13 billion debt ...

Wall Street banks are close to selling $3 billion in debt linked to Elon Musks 2022 takeover of Twitter, now rebranded as X.

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

Wall Street banks led by Morgan Stanley (MS) are close to offloading another $3 billion in debt relating to Elon Musk’s purchase of ...

Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing ...

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

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 ...

Morgan Stanley advised Musk on the purchase, led the financing and sales and also held the largest chunk of X debt. Other ...

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 ...