Wall Street banks offload $5.5bn in debt linked to Musk’s Twitter takeover

Deal will allow lenders to exit one of the toughest merger-finance transactions in recent years

Topics

Musk’s Twitter Takeover Offers Trump a Blueprint

Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities have been uncanny.
The New York Times - 6d
Musk’s Twitter Takeover Offers Trump a Blueprint

Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities have been uncanny.
The New York Times - 6d
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans

Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
The Wall Street Journal - Jan. 24
US securities regulator opens door for Wall Street banks to hold crypto

Securities and Exchange Commission overturns guidance that made it costly to hold digital assets for clients
Financial Times - Jan. 24
Wall Street banks had a great quarter, and the boom times are just starting

JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.
CNBC - Jan. 16