Bond investors give Tesla a $1.8 billion endorsement

August 11, 2017 by  
Filed under News

NEW YORK (Reuters) – Bond investors on Friday gave a $1.8 billion boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns.

Source: Reuters Business News

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