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...
by bondevalue | Jul 14, 2017 | Financial News, Global, High Yield Bonds, HomePage
SoftBank Group sets a record at US$4.5 billion for the largest junk-rated perpetual, issued in 2 tranches of US$2.75 billion at 6% with an early Redemption date of July 19, 2023, and US$1.75 billion at 6.875% with an early Redemption date of July 19, 2027. The...
