News

Elon Musk promised his bankers they would not lose money on the $13bn they lent to finance his Twitter takeover in 2022. The ...
A group of Wall Street’s biggest banks have finally dug themselves out of a $13 billion quagmire that Elon Musk created. On Monday, banks sold the final slug of the debt they lent for Musk’s takeover ...
When Musk bought Twitter, the banks that backed him were left with almost $13 billion of debt that was quickly branded toxic.
Morgan Stanley just rolled out the last piece of Elon Musk's Twitter buyout debt now branded ... wrapping up one of Wall Street's most watched and most delayed syndications. If it lands well ...
While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s ...
The S&P 500 was up 1.6 percent in its first trading since President Trump said that the United States will delay a 50 percent ...
Wall Street slumped under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S ...
This account is based on more than a dozen interviews of people familiar with the financing of Musk’s Twitter purchase, which marked one of the most difficult debt deals for Wall Street since ...
A group of Wall Street’s biggest banks have ... On Monday, banks sold the final slug of the debt they lent for Musk’s takeover of Twitter in 2022, according to people familiar with the matter.
Yields have been on the rise in part because of concerns that tax cuts currently under consideration in Washington could pile ...