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Morgan Stanley Aids xAI in Raising $5 Billion Through Bond and Loan Offerings
2 week ago /
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Author：小编
Morgan Stanley has orchestrated a $5 billion bond and loan program for Musk's AI venture, xAI, encompassing floating-rate B-term loans, fixed-rate loans, and bond options offering a 12% interest rate. The ultimate size of the issuance will hinge on investor appetite, and notably, Morgan Stanley has refrained from committing its own capital to the deal, signaling a prudent stance on bank lending amidst macroeconomic uncertainties.
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