Oct 6, 2023 · To fortify their position, Morgan Stanley, Barclays, and Bank of America, lenders that combined furnished almost 70% of the financing, have agreed to what's known as a joint "sell-down...

Aug 20, 2024 · As readers might recall, Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance its $44 billion acquisition. …

Oct 28, 2022 · The CEO of Bank of America, one of the financiers of Elon Musk 's Twitter takeover, doesn't appear worried about the deal. CNBC reported on Thursday that Musk is now in charge of Twitter.

Aug 20, 2024 · The 2022 take-private deal for Twitter has left about $13 billion in 'hung' debt held by Bank of America, Morgan Stanley and other big lenders.

Jan 24, 2025 · Elon Musk told X employees that user growth is stagnant while banks prepare to sell off some of the billions in debt they hold from financing his Twitter purchase.

Mar 5, 2024 · Seven banks who have Elon Musk-related debt are trying to negotiate with Musk. They are discussing options that may make the debt less risky to hold.

4 days ago · Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s Twitter buyout. Morgan Stanley (MS) and Bank of America (BAC) are ...

Aug 21, 2024 · But things haven't worked out that way for Morgan Stanley, Bank of America, Barclays, and the four other large banks that collectively lent Musk $13 billion for his buyout of Twitter — now...

Oct 7, 2022 · Elon Musk’s $44bn takeover of Twitter was meant to be one of the ultimate bounties for Wall Street lenders, with seven banks tripping over one another to lend $13bn to fund the deal in April.

Dec 15, 2023 · Elon Musk privately told some of the bankers who lent him $13bn to fund his leveraged buyout of Twitter that they would not lose any money on the deal, according to five people familiar with the...