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Tesla makes debut in junk-bond market
Published Mon, Aug 7, 2017 · 09:50 PM
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New York
ELECTRIC car pioneer Tesla announced its junk-bond debut with a US$1.5 billion, eight-year NC3 bond offering and roadshows starting on Monday, according to two lead bankers on the deal.
The company said that net proceeds are intended to be used to str…
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