Tag: debt

Wall Street Banks Sell $12.5 Billion in Debt Tied to Elon Musk’s Twitter Acquisition

The recent sale of nearly $12.5 billion in debt linked to Elon Musk’s Twitter buyout has sent ripples across financial markets. Wall Street banks, eager to offload this debt from their balance sheets, have faced challenges due to rising interest rates and shifting investor sentiment. This article explores the implications of this debt sale and