NEW YORK, Aug 11- Bond investors on Friday were poised to give 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. "It's a milestone for a company from a relative unknown to what it is today," said David Knutson,...
Tesla's recent record cash burn does not seem to be scaring off bond buyers, Bloomberg reports.
DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The move to issue junk bonds- lower-quality investments that offer higher yields- represents a bet by Tesla Chief Executive Elon Musk...
DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported,...
DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker ramps up the production of its new the Model 3 sedan. Elon Musk- led Tesla is counting on the Model 3, its least pricey car, to become a profitable, mass market manufacturer of electric cars.
Illinois finally passed a budget Thursday evening after a two-year impasse, but even with the big tax hikes in the measure, Illinois still may not avoid a debt downgrade to "junk" status.
Illinois' House of Representatives passed big, permanent income-tax rate increases on Sunday.
Nuveen Asset Management Co-Head of Global Fixed Income, John Miller & CNBC's Rick Santelli discuss what Illinois' $6 billion deficit means for muni bonds.
CNBC's Leslie Picker reports Illinois' budget deadline is looming and there's a lot at stake if the state doesn't reach a deal.
A decline in yields indicates investor demand for products at the high end of the risk scale.
Fundstrat says junk bond investor outflows reached nearly $6 billion in the past month.
Michael Contopoulos, Bank of America Merrill Lynch, discusses why high-yield bonds, or junk bonds, may be a safety play for investors amid high risk.
The three-decade-old bond bull market might be coming to an end. Here's how investors can adjust to protect their portfolios.
Singaporean companies, highly exposed to slowing global trade and a lackluster commodity market, could struggle to refinance their debt.
Portugal is confident it will not lose its sole investment grade rating, a top government official told CNBC.
An S&P Global Ratings report Wednesday warns of potential downside from all that new borrowed cash floating around.
With rates likely lower for longer, REITs are prey in the global hunt for yield, said Sheila Patel, CEO of International at Goldman Sachs Asset Management.
With global fixed income yields low, Asia and emerging market bonds and credit offer attractive returns, a portfolio manager at Fidelity told CNBC.
Both stocks and bonds looked expensive after rallying together and were now vulnerable to a quick sell-off, Goldman Sachs said.
Some investors are flocking to Asian fixed income, lured by juicy returns even as much of the global bond market sees negative yields.