xAI Corp. Enhances Terms for $5 Billion Debt Offering
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Elon Musk's artificial intelligence startup, xAI Corp., has improved the terms of its $5 billion debt offering to attract investors. The revised offering includes $3 billion in bonds with a 12.5% yield, $1 billion in fixed-rate term loans at 12.5%, and $1 billion in Class B term loans priced at the base rate plus 7.25 percentage points, issued at a 96-cent discount per dollar. This adjustment comes as Morgan Stanley concludes its commitment solicitation for the deal.出典:原文を表示