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Last-Minute Twist on xAI Deal Adds Banks Beyond Morgan Stanley

Admin July 1, 2025
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A trio of banks joined Morgan Stanley in a $5 billion debt deal for xAI Corp., after the company requested their participation to maintain relationships that could help with financings down the line, according to people with knowledge of the matter.

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  • Subprime lender PrimaLend Capital Partners files for bankruptcy protection
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