ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Elon Musk unveils $46.5bn financing package to fund Twitter bid

Buyout group Thoma Bravo talking to Tesla chief about participating in takeover

Elon Musk is pushing ahead with a proposed takeover of Twitter that would be one of the largest leveraged buyouts in history.   © AP

NEW YORK (Financial Times) -- Elon Musk has unveiled a $46.5 billion financing package to fund his takeover bid for Twitter as he pushes ahead with a deal that would be one of the largest leveraged buyouts in history.

The billionaire chief executive of Tesla has lined up $25.5 billion in debt -- including a margin loan of $12.5 billion against his shares in the electric vehicle maker -- from a group of banks led by Morgan Stanley, his financial adviser.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more