{"id":903558,"date":"2025-02-07T08:29:31","date_gmt":"2025-02-07T02:59:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=903558"},"modified":"2025-02-07T08:41:27","modified_gmt":"2025-02-07T03:11:27","slug":"morgan-stanley-led-banks-sell-5-5-billion-of-x-debt-on-demand-surge","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/07\/morgan-stanley-led-banks-sell-5-5-billion-of-x-debt-on-demand-surge\/","title":{"rendered":"Morgan Stanley-led banks sell $5.5 billion of X debt on demand surge"},"content":{"rendered":"<p>A group of Morgan Stanley-led banks sold $5.5 billion of debt tied to Elon Musk\u2019s social-media platform X after receiving stronger-than-expected demand from investors, according to people with knowledge of the matter. <\/p>\n<p>The banks initially planned to sell about $3 billion worth of the loan but received enough interest to parcel out additional debt. They eventually were able to sell the entire remaining slug of the highest-ranking borrowings used to fund Musk\u2019s buyout of the platform formerly known as Twitter Inc., marking a significant milestone in their effort to free their balance sheet from the X exposure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of Morgan Stanley-led banks sold $5.5 billion of debt tied to Elon Musk\u2019s social-media platform X after receiving stronger-than-expected demand from investors, according to people with knowledge of the matter. The banks initially planned to sell about $3 billion worth of the loan but received enough interest to parcel out additional debt. They eventually were able to sell the entire remaining slug of the highest-ranking borrowings used to fund Musk\u2019s buyout of the platform formerly known as Twitter Inc., marking a significant milestone in their effort to free their balance sheet from the X exposure.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-903558","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=903558"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903558\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=903558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=903558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=903558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}