Bond investors give Tesla a $1.8 billion endorsement
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Tesla (TSLA) Confirms Upsized $1.8B Offering of Senior Notes
August 14, 2017 6:26 AM EDTFollowing the announcement of Tesla's proposed $1.50 billion senior notes offering on August 7, 2017, Tesla announced that it has agreed to issue and sell $1.80 billion in aggregate principal amount of senior notes due in 2025 (the Notes), representing a 20% upsize. The Notes will have an annual interest rate of 5.30%, and the transaction is expected to close on... More
