Elon Musk's xAI offers better pricing to investors for the issuance of $5 billion in debt.

Mars Financial News: Musk's artificial intelligence startup xAI Corp. has offered investors better pricing for its $5 billion debt offering, and Morgan Stanley also ended its solicitation of commitments for the deal on the same day. According to people familiar with the matter, the offering now includes: $3 billion in bonds with a yield of 12.5% $1 billion fixed-rate term loan with an interest rate of 12.5% $1 billion Class B term loan, priced at the benchmark rate plus 7.25 percentage points, issued at a discount of 96 cents at face value Some investors had expected the company to raise its debt yield to close the deal. （TechinAsia）