by bondevalue | Sep 10, 2018 | Financial News, Global, High Yield Bonds
Tesla’s $1.8 billion 5.3% bonds due 2025 fell late last week to an all-time low as Chief accounting officer Dave Morton resigned after just a month with the company and amid new alarming antics from CEO Elon Musk, who smoked weed and drank whiskey during an...
by bondevalue | Mar 29, 2018 | Credit Ratings, Financial News, Global, High Yield Bonds, Sovereigns
Tesla Inc.’s 5.3% bonds due 2025 have been plunging sharply in price following the company’s recent debacles, including a fatal crash of its Model X SUV which was using Autopilot driver-assist technology and a credit rating downgrade. Tesla had raised a...
by bondevalue | Aug 21, 2017 | Financial News, Global, High Yield Bonds, HomePage
Tesla Inc.’s 5.3% notes due 2025 have traded as low as 97.375 cents just one week after its US$1.8 billion issuance. Rated by Moody’s at B2, the high-yields bonds had attracted strong demand during the book building process, with the deal ultimately...
by bondevalue | Aug 9, 2017 | Financial News, Global, High Yield Bonds, HomePage
Tesla Inc announced that it intends to raise about $1.5 billion in its first bond offering, as the US automaker seeks to fund the mass production of the Model 3. The proposed Notes will be issued in a 144a format and would mature in 2025. This is Tesla’s maiden foray...
by bondevalue | Jul 28, 2017 | Financial News, Global, Global, High Yield Bonds, HomePage, Investment Grade Bonds
Despite the rising interest rate environment in the U.S., investors continue to find U.S. investment-grade corporate bonds attractive as they yield more favourably than counterparts in the developed world, including Europe and Japan. This, coupled with a lack of...
by bondevalue | Jul 19, 2017 | Financial News, Global, High Yield Bonds, HomePage
On Monday (17 July), Greenko – India’s market leading clean energy company, raised as much as US$ 1 billion in their multi-tranche bond issuance. This would be the largest green bond issuance by a privately held company in Asia, thus far. Specifics: Tranche 1 (5...
