X Debt Shopped With $6B Sweetener From Musk's AI Bet

X Debt Shopped With $6B Sweetener From Musk's AI Bet

Assessment

Interactive Video

Business

University

Hard

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The video discusses a group of banks led by Morgan Stanley attempting to market debt tied to a social media platform, X, which has been on their balance sheets for over two years. Despite improved earnings, the debt is challenging to pitch at par value, but it's being offered at $0.95 on the dollar. A key attraction for investors is X's stake in an AI startup, valued at $6 billion, which adds appeal to the investment. The banks involved include Morgan Stanley, Bank of America, Barclays, and MUFG.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What sweetener is being offered to potential investors regarding the debt?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which banks are involved in the discussion about the debt?

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