Post
Mhizeffizy
The rocket company that just went public in June plans to borrow another $40 billion to buy chips four months later. The bond it issued in June is now only accepted by the market at an 85% discount.
▪️ The rating is BBB — the second lowest tier in investment grade, just affordable for insurance companies and pension funds
▪️ The market price is 85 cents — for the $25 billion tranche maturing in 2056 issued in June (coupon 6.65%), with a yield about 227 basis points higher than U.S. Treasuries,
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$82,192.6+0.01%
ETH/USDTEthereum
$2,422.81+0.01%
SOL/USDTSolana
$104.18+0.01%
Today’s market buzz
1#TeslaRoadsterUnveiled
Hot
2#USCPIAndPPITopForecasts
3#SpaceXQ3Earnings
