Factbox-Who Is Financing Elon Musk's $44 Billion Deal To Buy Twitter?
Highlights
Elon Musk has pledged to provide $46.5 billion in equity and debt financing for his acquisition of Twitter, which covers the $44 billion price tag and closing costs.
While Musk will provide much of the funding after selling down his stake in electric vehicle maker Tesla Inc and by leaning on equity financing from large investors, major banks have committed to provide $13 billion.
Below are details of participants in the Twitter deal and their financing commitments:
Joint loan $13 billion debt financing package
arrangers
Bank of America $6.5 billion term loan facility
Barclays $500 million revolving loan
facility
BNP Paribas
$3 billion secured bridge loans
Mizuho
$3 billion unsecured bridge loans
Morgan Stanley
MUFG
Societe
Generale
Equity Investor Description Equity Commitment
A.M. Management & - $25 million
Consulting
AH Capital Management VC firm founded by Marc $400 million
Andreessen and Ben Horowitz
Aliya Capital SpaceX investor $360 million
Partners
BAMCO Investment adviser $100 million
Binance Cryptocurrency firm $500 million
Brookfield Canadian investment firm $250 million
with over $690 billion
assets under management
DFJ Growth IV Tesla, SolarCity, SpaceX $100 million
Partners and The Boring Company
investor
Fidelity Management & Acts as the investment $316 million
Research Company advisor to Fidelity's
family of mutual funds
Honeycomb Asset Private investment firm led $5 million
Management by Chief Investment Officer
David Fiszel
Key Wealth Advisors $30 million
Lawrence J. Ellison Oracle co-founder Larry $1 billion
Revocable Trust Ellison's trust
Litani Ventures Chicago-based VC firm $25 million
Qatar Holding Investment house founded by $375 million
Qatar Investment Authority
Sequoia Capital Fund Invested in The Boring $800 million
Company
Strauss Capital LLC - $150 million
Tresser Blvd 402 LLC - $8.5 million
(Cartenna)
VyCapital Invested in The Boring $700 million
Company
Witkoff Capital New York-based real estate $100 million
tycoon Steven Witkoff's
firm
Saudi Arabian Twitter investor $1.89 billion (34,948,975
investor Prince shares)
Alwaleed bin Talal
Related Articles
Latest News
- Home
- News
- Technology
- Factbox-Who Is Financing Elon Musk's $44 Billion Deal To Buy Twitter?