Tesla Inc.’s $1.8 billion high-yield bond is trading at its full face value for the first time since the electric-vehicle maker issued the debt in 2017.
Crossing the 100-cents-on-the-dollar mark is a symbolic victory for the company because the bond has traded poorly for years and hit a low of 81 cents on the dollar in May, according to data from MarketAxess.
The...
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January 09, 2020 at 12:01AM
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Tesla Bond Feeling 100: Hits Face Value for First Time Since 2017 - Wall Street Journal
"Tesla" - Google News
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