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Blog Tesla Raises $1.8B in Bond Offering

Discussion in 'Tesla' started by TMC Staff, Aug 12, 2017 at 11:48 AM.

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  1. TMC Staff

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    May 19, 2017
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    There has been no shortage of enthusiastic investors willing to write checks to fund Tesla’s efforts to make electric cars mainstream. A Securities and Exchange Commission filing shows that the company sold $1.8 billion worth of eight-year unsecured bonds at a yield of 5.30 percent in a recent oversubscribed offering. Tesla initially targeted $1.5 billion,...
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