Tesla to Raise USD 1.5 bn in Bonds to Fund Model 3

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...

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HNA Bonds Weaken on Plans for $1 Billion CWT Takeover

As Chinese conglomerate HNA Group Co. prepares to acquire Singapore logistics operator CWT Ltd for US$1 billion, potential bankers including Maybank and RHB continue to scrutinise the Company's business and leverage ratios in order to assess its further debt capacity...

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