News: eBay said private equity backed sale had been completed earlier in the month.
Morgan Stanley is reportedly struggling to find buyers for the $640m worth of eBay loans, which it has been trying to offload since the middle of October.
It is believed that the bank has even discussed offering an increased discount in order to attract purchasers, according to Bloomberg.
In addition to this, there is also increasing concern that eBay may have projected unrealistically positive earnings.
The revelations come despite the fact the on November 2 the online market place said the sale had been completed. The statement explained that eBay’s enterprise unit was sold for £925m, and split into four different businesses.
The Morgan Stanley led debt financing was for private equity firm Sterling Partners, which was one of the private equity firms that led the group that made the purchase, alongside Permira .